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https://i-invdn-com.investing.com/trkd-images/LYNXMPEI9C0II_L.jpg(Reuters) – The U.S. Federal Communications Commission plans to ban all sales of Huawei and ZTE (HK:0763) telecommunications equipment in the United States on national security grounds, news website Axios reported on Thursday, citing sources familiar with the matter.
Last year, U.S. President Joe Biden signed legislation to prevent companies that are deemed security threats from receiving new equipment licenses from U.S. regulators.