The bipartisan legislation essentially boils down to Senator Tom Cotton’s notion that “American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans”.
In a significant development, members of the U.S. Senate and House of Representatives have introduced bills that aims to keep tight restrictions on Huawei Technologies Co Ltd.
Among other things, the legislation aims to keep the Chinese company in the Commerce Department’s Entity List and also has provisions that states, any move to remove it from the trade blacklist would require House and Senate approval; sections of the legislation also has provisions which lets the U.S. Congress disallow waivers granted to U.S. companies doing business with the company.
The development comes in the backdrop of the U.S. accusing Huawei of stealing American intellectual property and violating Iran sanctions. The bipartisan legislation views Huawei as a clear security threat.
“American companies shouldn’t be in the business of selling our enemies the tools they’ll use to spy on Americans,” said Republican Senator Tom Cotton, one of the sponsors of the bill, in a statement.
The development comes despite measures adopted by U.S. President Donald Trump, who is trying to revive trade talks with Beijing, which allow U.S. companies to sell products to Huawei.
The “Defending America’s 5G Future Act” was introduced in the Senate by Republicans Tom Cotton, Marco Rubio and Mitt Romney and Democrats Chris Van Hollen, Mark Warner and Richard Blumenthal.
A companion bill has also been introduced in the House by Democratic Representatives Jimmy Panetta and Ruben Gallego and Republicans Mark Gallagher and Liz Cheney.
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