The Department of Defense reportedly blocked proposed regulations that would have made it even harder for US companies to do business with Huawei. After objections from the Pentagon, the Commerce Department pulled back a proposed rule that would have further limited what US companies can sell to Huawei from outside the country without an export license, according to a report Friday from The Wall Street Journal.
The Pentagon reportedly felt the new rules would take a key revenue source away from US companies that’s needed to keep a “technological edge.”
Currently, components and other…
Source CNET Tech
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