Just when we thought there was hope, things just went downhill for companies included in US’ list of organizations deemed as a threat to national security, as US President Donald J. Trump extended its controversial trade ban.
President Trump signed an executive order that basically deems the unrestricted acquisition of kits developed or supplied by overseas “adversaries” continues to pose an extraordinary threat to national security, foreign policy and the economy of the United States.
While not mentioned by name, the order, originally made in May of 2019 came at the same time that Huawei was placed in a list of entities that cannot purchase components from US companies without a special license.
If you’ll recall, Huawei was given a temporary reprieve, with the grace period expiring on May 15. There was news that another extension was on the way, but I guess we won’t be seeing that, for now.