Trump admin limits supplies to Huawei: sources
In the last few days of his tenure, US President Donald Trump shot a farewell shot at the Chinese Huawei.
According to Reuters sources, Trump obtained licenses from companies like Intel that allowed them to sell to Huawei. It's another step in undermining a company that the US believes poses a threat to national security.
The announcements came amid a spate of US action against Beijing just days before President-elect Joe Biden took office on Wednesday.
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A source familiar with the decision said eight licenses were withdrawn from four companies and that the Department of Commerce intends to turn down dozens of applications for new ones.
When asked, Commerce said it would not comment on specifics, but said its policies would protect the US. national security and foreign policy interests. "
Huawei has been in Washington's crosshairs for years, saying the company's equipment could be used for state espionage.
Back in May 2019, the Trump administration tried to prevent suppliers from selling US goods and technology to Huawei, but some sales were still permitted - with a license.
Since then, the restrictions have tightened and mainly affect products that can use 5G technology.
Huawei's CFO Meng Wanzhou has also been imprisoned in Canada since 2018 on a US arrest warrant.
Wanzhou is charged with violating US sanctions against Iran and conspiring to steal trade secrets from American tech companies.
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