If the shelved plan had gone through, Huawei would have been among the largest companies ever added to the Treasury Department’s Specially Designated Nationals list. Photo: AP

White House considered kicking Huawei out of US banking system, sources say

  • The Trump administration considered banning China’s Huawei from the US financial system earlier this year, according to people familiar with the matter
  • One source says the shelved plan could be revived depending on how things go with Huawei
Topic |   Huawei

TOP PICKS

If the shelved plan had gone through, Huawei would have been among the largest companies ever added to the Treasury Department’s Specially Designated Nationals list. Photo: AP
READ FULL ARTICLE
A Huawei logo is seen on a mobile phone screen at a store in Vina del Mar, Chile, in July. Photo: Reuters

US weighing further restrictions on Huawei suppliers

  • Earlier blacklisting by Commerce Department failed to cut off flow of products to Chinese telecoms giant, as key foreign supply chains remain out of US reach
  • Proposed rule changes would allow regulation of sales of non-sensitive items made abroad with US-origin technology, software or components to Huawei
Topic |   Huawei

TOP PICKS

A Huawei logo is seen on a mobile phone screen at a store in Vina del Mar, Chile, in July. Photo: Reuters
READ FULL ARTICLE