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Export Controls: Huawei and Honor on US National Security Threat List

This act aims to maintain strict export controls on Huawei and Honor, deemed threats to US national security. This means US companies will have limited ability to trade with these entities, potentially affecting the availability of certain technologies and products in the market. The goal is to protect the country's security interests.
Key points
Huawei remains on the export control entity list unless the US government certifies it no longer poses a security threat.
Honor Device Co. Ltd. will be added to the export control entity list within 180 days.
The US government will regularly report on license applications for exports to Huawei and Honor, indicating approvals or denials.
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Additional Information
Print number: 117_HR_1595
Sponsor: Rep. Steube, W. Gregory [R-FL-17]
Process start date: 2021-03-03