Huawei received a new very hard blow along with great news, and unfortunately for the Chinese the problems continue during this period, and become more and more serious and difficult to solve. Although those from Huawei had another 90-day extension of the license that allows it to have very limited commercial relations with US companies, unfortunately 46 of its subsidiaries were included in the list of banned companies.
Huawei had 46 subsidiaries that were not part of the initial list of companies that were banned from buying products from the Americans, but it was completed, and the Chinese are angry. Huawei says that this measure is a political one, and the prohibition of the right of the 46 companies to buy products from American companies has no legal basis.
Huawei Receives a NEW HARD Blow after a GREAT News
Although Donald Trump had announced about a month ago that he would give some American companies licenses to have some commercial relations with Huawei and sell some products to them, in reality he worsened the situation. Donald Trump expanded the list of Huawei subsidiaries that cannot buy anything from the US, and left "in the air" the licensing process for companies that want to sell products to the Chinese, without any chance that a positive decision for them will be made soon.
"It is clear that this decision, taken at this time, is politically motivated and has nothing to do with national security. Attempts to suppress Huawei's business will not help the United States achieve technological leadership."
Huawei has nothing left to do at the moment, and is caught in the "anvil" of the Americans who simply do not want to allow them to carry out their activity as they would like, which seriously affects them. Huawei claims that it did not suffer from the US sanctions, but phone sales have stagnated, and will decline, with profits and revenues already falling.
Huawei does not seem to have any help from the Chinese government, Donald Trump seems to be completely uncontrollable at the moment, the trade war with Beijing being the big problem.
