The news lays the groundwork for new financial sanctions from Washington. FMTNews Huawei
Washington placed Huawei on a trade blacklist last year over national security concerns.
Washington placed Huawei on a trade blacklist last year over national security concerns and has led an international campaign to convince allies to exclude it from their 5G networks. The designations were drawn up by the Defense Department, which was mandated by a 1999 law to compile a list of Chinese military companies operating in the US, including those “owned or controlled” by the People’s Liberation Army that provide commercial services, manufacture, produce or export.
The Pentagon has come under pressure from lawmakers of both US political parties to publish the list, amid rising tensions between Washington and Beijing over technology, trade and foreign policy. On Wednesday, Cotton and Gallagher issued a statement praising DOD for releasing the list and urging the president to impose economic penalties against the firms.
The list “is a start, but woefully inadequate to warn the American people about the state-owned and -directed companies that support the Chinese government and Communist Party’s activities threatening US economic and national security”, Republican Senator Marco Rubio, who sponsored the Uighur bill, said in a statement.The list will also turn a spotlight on US companies’ ties to the Chinese firms as well as their operations in the US.
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