The Trump administration has added that China's Huawei and 68 affiliates in more than two dozen countries to its so-called "Entity List."
Thursday's move to immediately enact restrictions that'll make it difficult for the Chinese tech giant to do business with American companies comes just a day after the U.S. Commerce Department first gave notice that it was adding Huawei to the list.
Companies on the list are banned from buying parts and components from American firms... without U.S. government's approval.
And getting the approval won't be easy because Washington will review applications under a (quote) "policy of presumption of denial."
The executive order signed by President Trump says... Huawei's products pose a security threat citing a criminal case pending over allegations Huawei violated U.S. sanctions against Iran.