Huawei embargo: Joe Biden’s government has no reason to lift sanctions

This is one of the challenges of Joe Biden’s mandate. The possible lifting of the embargo against Huawei is already causing much ink to flow. According to Secretary of State for Commerce Gina Raimondo, the government has no reason to lift the sanctions against the manufacturer.

With the election of Joe Biden at the expense of Donald Trump, new issues arose, particularly in trade relations with China. Indeed, contacts between Beijing and Washington have been considerably refreshed with the embargo imposed on Huawei. The manufacturer can no longer build smartphones without American equipment or with the Android operating system. And this situation looks set to continue.

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For now, Joe Biden’s government will not lift sanctions against Huawei

A few weeks ago, Secretary of State for Commerce Gina Raimondo assured him to reflect on the question. The US government had to examine Huawei’s situation if possible to find a solution while preserving the interests of Uncle Sam. In the meantime, the rhetoric has changed. Gina Raimondo, during a question-and-answer session with elected Republican officials said: “I currently have no reason to believe that the entities on these lists should not be on them.”

Was the statement by the newly elected Biden government official? In the first weeks of office, each political figure opts for a seduction operation. It is therefore necessary to wait a little longer to fully understand Huawei’s situation. The latter still seems to darken a little more if the hope carried by Joe Biden fades. Throughout his tenure, Donald Trump maintained that his administration had evidence of spying on behalf of China. It remains to be seen whether Huawei will be able to continue its journey independently.

Source: Bloomberg