US to block Huawei from local banks after Trump ban fails

The Next Web
By David CanellisMar 12, 2020, 1:07 pm136 pts
US lawmakers are readying to block Chinese smartphone maker Huawei from using local banks for certain transactions, Reuters reports. The bill reportedly seeks to ban US banks from processing “significant” transactions for overseas firms both working on 5G tech and engaging in industrial espionage. The US…

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