The U.S. Commerce Department has withdrawn a rule aimed at further reducing sales to Chinese vendor Huawei Technologies amid concerns from the Defense Department the initiative would have a negative impact in U.S. companies, Reuters reported, citing people familiar with the matter.
The U.S. government plans a Cabinet-level meeting this week to discuss the rule, which could be revived, dismissed or rewritten, one of the sources said.
In May 2019, the U.S. Department of Commerce added Huawei to its Entity List, citing national security concerns.
