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A comment on Huawei builds up 2-year reserve of 'most important' US chips. Parent comment

Re:Huawei builds up 2-year reserve of 'most important' US chips by yorwba on Saturday May 30, 2020 @06:28AM (#23360053)
> The problem is, if France proposes to do anything about it, Germany will object, because Germany fears that the US will retaliate against the German automotive industry.

I was under the impression that Germany is generally on board with the idea of using the INSTEX special-purpose vehicle to trade with Iran despite US sanctions. Of course the first (and only?) transaction was only completed this year, so the mechanism doesn't look too successful so far: https://www.auswaertiges-amt.de/en/newsroom/news/instex-tran...

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Re:Huawei builds up 2-year reserve of 'most important' US chips by DiogenesKynikos on Saturday May 30, 2020 @06:49AM (#23360187)
INSTEX has done virtually nothing to weaken the sanctions regime.

The EU would have to take much stronger measures if it was really serious about preventing the US from imposing its sanctions regime on European companies. I'm not an expert, so I can only guess at what sort of measures Europe would have to take, but I imagine they would involve reciprocal retaliation for any measures the US takes to punish European companies.

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