Although it does not name Huawei, it is widely considered to be aimed at the firm following repeated warnings by U.S. officials that it could be used by the Chinese state to spy on or sabotage foreign networks.
Inclusion on the Entity List means that any US company seeking to sell or transfer technology to Huawei and its subsidiaries will require a license, which "may be denied if the sale or transfer would harm USA national security or foreign policy interests".
At the same time, the US Commerce Department announced an effective ban on US companies selling or transferring US technology to Huawei. "China will take all necessary measures to protect Chinese companies' legal rights".
China stocks ended higher as Beijing is expected to roll out more stimulus to shore up its economy.
A broad United States crackdown, announced on Wednesday in an executive order, was the latest shot fired in an escalating trade war that is rattling financial markets and threatens to derail a slowing global economy.
The US government has placed telecom equipment giant Huawei on a blacklist.
The second issue centres on the additional volume of USA goods that China will agree to buy, Vice Premier Liu He, China's lead trade negotiator, said last week without giving details. The Department of Commerce found that steel and aluminum imports are a threat to USA national security and recommended tariffs.
A range of Asian and European suppliers would also be hurt if Huawei was forced to curb production, while telecom carriers that rely on Huawei, and have largely resisted USA calls to bar the company, would be left scrambling just as countries race to roll out next-generation 5G mobile networks.
Rihanna Slams Alabama Governor for Abortion Ban
She would also prohibit states from limiting access to the medications that are used to perform abortions. Senator Elizabeth Warren (D-MA) speaks during a townhall event in Columbus, Ohio , U.S., May 10, 2019.
Aid call for man on bus escalated to shooting
The Appleton Fire Department, with permission from the Lundgaard family, has set up a donation page in his honor on GoFundMe . A police officer and two other people were hospitalized following the shooting , the Appleton Fire Department said.
Motorola's One Vision Won't Come to the US, But It Looks Nice
Most phones today use artificial intelligence to anticipate the needs of users and this one doesn't disappoint. Under-the-hood, we get to see the Exynos 9609 processor paired with 4GB of RAM and 128GB of internal storage .
And the spat over Huawei added to the uncertainty over negotiations between Washington and Beijing to end a bruising trade war, after the two sides exchanged fire with tariff hikes in recent days. China will also try to ensure that Chinese-led and -developed standards in the tech sector are adopted worldwide so that Chinese companies can sell their products in foreign markets without fear of the United States claiming patent infringement.
Huawei has also responded to the move, saying it will result in the USA lagging behind in 5G.
"It's very hard for Huawei to build a 5G base station without USA semiconductor technology", says Brett Simpson, co-founder at Arete Research, a London-based technology research group.
It came less than 24 hours after Mr Trump signed an executive order banning.
Canada has also been dragged into the spat after arresting Huawei's chief financial officer Meng Wanzhou in December on a U.S. extradition warrant related to Iran sanctions violations.
"The pressures between the U.S. and China are flowing down to Huawei", Andy Purdy, Chief Security Officer for Huawei U.S., told Cheddar Wednesday. -Chinese conflict over technology and trade.
The sanctions on Huawei were also likely to have ramifications beyond the company itself, rattling the global tech supply chain, analysts said.
"This is going to be very messy", a China-based source at a US tech company said.
The US has pressured allies to shun Huawei in their next generation 5G mobile networks.
If Huawei has to do business with other suppliers, Purdy warns that USA workers may be hurt along the way. Plus, as my colleague Ankit Panda noted, the Trump administration could keep Huawei on the Entity List even while rendering the designation toothless by simply granting whatever licenses are requested. "However, it is regrettable that the USA side unilaterally escalated trade disputes, which resulted in severe negotiating setbacks".