Date: 2025-07-02 Page is: DBtxt003.php txt00018853
Company: Huawei
China / US Relations
China says opposed to latest U.S. rules against Huawei
Peter Burgess
Beijing is readying retaliatory measures: China's Commerce Ministry “said in a statement that it urges the United States to immediately stop the wrong actions,” Reuters's Yilei Sun, Yingzhi Yang and Se Young Lee report. (see below)
“The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment company Huawei Technologies, spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment. The new rule went into effect on Friday but would have a 120-day grace period. China’s state-run newspaper Global Times, citing an unidentified source, reported that Beijing, in response to the new limits on Huawei, was ready to put U.S. companies on an ‘unreliable entity list’ as part of the countermeasures.”
Peter Navarro suggests China purposely spread virus: “The Trump administration stepped up its campaign of blaming China for the deadly [pandemic], with a top aide suggesting Beijing sent airline passengers to spread the infection worldwide,” Bloomberg News's Steve Geimann reports.
“'The Chinese, behind the shield of the World Health Organization, for two months hid the virus from the world and then sent hundreds of thousands of Chinese on aircraft to Milan, New York and around the world to seed that,' [White House trade adviser Peter Navarro said]. Milan and New York went on to become hotspots for the pandemic.”
Trump is frustrated about the China deal, but lacks obvious remedies: “The president, who [last] week ruled out renegotiating the deal, said he still expects China to buy the $200 billion in goods and services it promised. The president had threatened to ‘terminate’ the deal if China did not deliver. But for now, he seems inclined to confine his response to public grumbling while counting on an export surge later this year — even though some experts say it is now impossible for China to meet the deal’s targets,” David J. Lynch reports.
“The deteriorating economy may limit Trump’s ability to act. Imposing a fresh round of tariffs, the president’s preferred trade war weapon, could prove unpopular with tens of millions of Americans out of work and the economy in free fall.”
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TECHNOLOGY NEWS ... MAY 17, 2020 / 5:06 AM / A DAY AGO
China says opposed to latest U.S. rules against Huawei
FILE PHOTO: The Huawei logo is pictured in the Manhattan borough of New York, New York, U.S., July 15, 2019. REUTERS/Carlo Allegri
BEIJING (Reuters) - China’s commerce ministry said on Sunday it is firmly opposed to the latest rules by the United States against Huawei and will take all necessary measures to safeguard Chinese firms’ rights and interests.
The ministry said in a statement that it urges the United States to immediately stop the wrong actions.
The Trump administration on Friday moved to block global chip supplies to blacklisted telecoms equipment company Huawei Technologies, spurring fears of Chinese retaliation and hammering shares of U.S. producers of chipmaking equipment. The new rule went into effect on Friday but would have a 120-day grace period.
China’s state-run newspaper Global Times, citing an unidentified source, reported that Beijing, in response to the new limits on Huawei, was ready to put U.S. companies on an “unreliable entity list” as part of the countermeasures.
Those countermeasures include launching investigations and imposing restrictions on U.S. companies such as Apple Inc (AAPL.O), Cisco Systems Inc (CSCO.O) and Qualcomm Inc (QCOM.O).
“The U.S. has utilized national power and used the so-called national security concern as an excuse, and abused export controls to continue to suppress some particular companies in other countries,” China’s commerce ministry said in today’s statement.
Reporting by Yilei Sun, Yingzhi Yang and Se Young Lee; Editing by Christian Schmollinger and Emelia Sithole-Matarise
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