Categories: Overall

US pulls rule that would have made it harder for American companies to Advertise to Huawei

The US Department of commerce has pulled a potential regulation. Sources say the rule would have made it more difficult for us companies to sell to Huawei. Pentagon and Treasury Department protested the rule.

Us companies can sell chips or other electronic goods to Huawei from their overseas locations without an export license. The goods are made with less than 25 percent of materials or patents that are n’t made by US companies.

The Commerce Department had proposed a new rule to the office of management and budget (OMB) that would have lowered that percentage to 10 percent. The Pentagon objected because it believed it would hurt us companies by limiting how much they could sell to Huawei.

President Trump declared an executive order last May that barred American businesses from working with the company without a license from the US government. Google ca n’t license Android to Huawei to use on phones.

Spread the AI news in the universe!
Nuked

Recent Posts

Florida Smart ID App Disappears: What Happened and What’s Next?

Hello, my tech-savvy followers! Have you heard the news about Florida's digital ID app disappearing?…

19 hours ago

Redbox’s Final Curtain Call: The End of an Era for Disc Rentals

Hello, my amazing followers! Today we have some news about Redbox that might surprise you.…

19 hours ago

Stay Connected Anywhere with Starlink Mini: The Portable Internet Solution

Hello, my fellow tech enthusiasts! Today, I have some exciting news to share with you…

19 hours ago

Microsoft Raises Xbox Game Pass Ultimate Price and Introduces New Standard Tier

Hello my awesome followers! Today, I have some interesting news to share with you all.…

2 days ago

Instagram Sticks to Short Videos: Adam Mosseri Explains Why Longform Isn’t the Focus

Hello, my hilarious followers! Instagram is making a bold move towards short videos, according to…

2 days ago

Get Your Game On with Meta’s $24.99 Monthly Pay Later Plan for Quest 3 and Quest Plus!

Hello there, my fellow tech enthusiasts! Today I have some exciting news to share with…

3 days ago