US proposes to lift sanctions against Huawei

By: Nastya Bobkova | 19.08.2024, 01:46

California Democrats have called for a review of export restrictions on Huawei, saying that the new sanctions could negatively affect US competitiveness in the field of advanced technologies.

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In their letter to the US Department of Commerce, they warn of possible negative consequences for US firms and their access to key markets such as China.

Officials note that unilateral sanctions could have the opposite effect, making it harder for US companies to access key markets such as China. Democrats have called for a suspension of new export restrictions until it is confirmed that they do not harm US competitiveness in the semiconductor industry.

This position highlights the divide between national security and economic interests. California, where important players in the semiconductor industry are located, could be significantly affected by the restrictions. While Democrats are not concerned about lifting all restrictions, they question the effectiveness of the current strategy.

The US Department of Commerce has not yet responded to the concerns of California leaders.

Source: Gizmochina