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China says further action against companies that Huawei could escalate tensions



On Thursday, China's Trade Department warned that US action against companies like Huawei could escalate trade tensions.

On Wednesday, US President Donald Trump declared a national emergency threat to US technology. The US Department of Commerce then announced the addition of Huawei Technologies and its subsidiaries to the Bureau of Industry and Security (BIS) Entity List. Now, US companies must be licensed to sell or transfer technology to Huawei, making it much harder for the Chinese telecom giant to do business with them.

We ask that we stop further action, so Chinese companies may have a more normal environment to act to avoid further escalation of trade tensions between the United States and China, said spokesman Gao Feng in Mandarin during a press conference on Thursday, according to a CNBC translation. .

He criticized the use of national security as a tool of protectionism and stressed that foreign operations of Chinese companies should respect local laws.

The trade tensions between the US and China took a negative turn during the last two weeks, disturbing expectations that both sides would soon reach a deal. The United States raised tariffs of $ 200 billion on Chinese goods on Friday, and China returned Monday with plans for $ 60 billion of US goods that come into effect on June 1

.

Gao said Beijing did not receive any details of a US visit to China for further trade negotiations. Treasury Secretary Steven Mnuchin plans to visit Beijing in the near future, according to a Dow Jones report.

On the theme of a meeting between Trump and China's President Xi Jinping next month, the Commerce Department referred CNBC to the Foreign Affairs Affairs Department.


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