US formalizes ban on govt contracts to China’s Huawei, others
Vanguardngr.com - Thu 8 Aug 13:18 GMT

Nigeria News - The US administration unveiled rules Wednesday formally banning technology giant Huawei and other Chinese firms from government contracts,

  The US administration unveiled rules Wednesday formally banning technology giant Huawei and other Chinese firms from government contracts, in the latest move in an escalating trade war.

  The interim rule will preclude any US federal agency from purchasing telecom or technology equipment from the firms “as a substantial or essential component of any system, or as a critical technology as part of any system,” starting August 13.

  The rules implement a ban included in the defense authorization act approved by Congress earlier this year.

  The new rules are part of a sweeping effort by President Donald Trump’s administration to restrict Huawei, which officials claim is linked to Chinese intelligence.

  It also comes amid a heated dispute between the two economic powers over international trade rules, which some analysts say could roil the global economic system.

  The rules, which require a 60-day comment period, also bar contracts to Chinese firms ZTE, Hytera Communications Corporation, Hangzhou Hikvision Digital Technology Company and Dahua Technology Company.

  Huawei also faces sanctions that bar the export of US technology to the Chinese firm on national security grounds.