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US blacklists China's Huawei as trade dispute clouds global outlook

Zee News Thursday, 16 May 2019 ()
The Commerce Department said it was adding Huawei Technologies Co Ltd and 70 affiliates to its "Entity List" - a move that bans the company from acquiring components and technology from US firms without government approval.
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News video: U.S. blacklists China's Huawei as trade dispute clouds global outlook

U.S. blacklists China's Huawei as trade dispute clouds global outlook 00:31

On Wednesday the Trump administration hit Chinese telecoms giant Huawei with severe sanctions, adding a new incendiary element to the U.S.-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks. Reuter reports that Secretary Wilbur Ross said in a...

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