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Biden Commerce Pick Sees No Reason to Pull Huawei from Blacklist

Published 04/02/2021, 04:27
Updated 04/02/2021, 04:54
© Reuters.

(Bloomberg) -- President Joe Biden’s nominee for Commerce secretary Gina Raimondo said she knows of “no reason” why Huawei Technologies Co., ZTE Corp (HK:0763). and other Chinese companies shouldn’t remain on a restricted trade list.

Raimondo, in written questions from Senate Republicans, was asked about the two companies, as well as Semiconductor Manufacturing International Corporation and the Hangzhou Hikvision Digital Technology Co. and others. They are on a list that requires U.S. firms to obtain government licenses if they want to sell American tech and intellectual property to the Chinese companies.

“I understand that parties are placed on the Entity List and the Military End User List generally because they pose a risk to U.S. national security or foreign policy interests,” said Raimondo, the governor of Rhode Island. “I currently have no reason to believe that entities on those lists should not be there. If confirmed, I look forward to a briefing on these entities and others of concern.”

Raimondo when asked about the issue during her Jan. 26 Senate confirmation hearing didn’t specifically commit to keeping Huawei on the list. That prompted several House Republicans to ask their Senate counterparts to delay her confirmation. The Senate Commerce, Science and Transportation Committee voted 21-3 on Wednesday to advance her nomination.

©2021 Bloomberg L.P.

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