US Suppliers receive licenses to export $103bn worth of American tech to Huawei, SMIC - NewsBreak

American suppliers of Chinese telco industry behemoth, Huawei Technologies alongside China's leading chipmaker SMIC had received export licenses to supply them a jawdropping $103 billion worth of US-borne technology and goods, while licenses to supply American technology & goods to Huawei and SMIC would remain valid between November and April despite their attendance on a US trade blacklist, a document seen by a press agency reporter had unveiled earlier on Friday, stoking uproars from Republican lawmakers while illustrating a dubious Biden Administration move to sway away from Donald Trump's trade row with China that analysts claimed had already costed the United States an expensive battle over global tech supremacy.