US mulls blacklisting of Chinese video surveillance firm
Hikvision reported to be among tech firms the US will cease selling components to as trade war between the two world economic giants hots up
Shanghai/Bengaluru/Beijing — The US administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world’s top two economies could be further inflamed. The restrictions would limit Hikvision’s ability to buy US technology and American companies may have to obtain government approval to supply components to the Chinese firm, the New York Times reported on Tuesday. The US stuck Huawei Technologies on a trade blacklist last week, effectively banning US firms from doing business with the world’s largest telecom network gear maker, in a major escalation in the trade war. The US has accused Huawei of activities contrary to national security, a charge Huawei denies. However, this week the Trump administration granted the firm a licence to buy US goods until August 19 to minimise disruption for customers. Huawei says it can ensure a steady components supply chain without US help. A Hikv...
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