U.S. Reverses Trade Restrictions on Arrow Electronics’ Chinese Affiliates Following Review
Arrow Electronics announced the U.S. government is reversing trade restrictions placed on its China-based affiliates. The restrictions were initially imposed over concerns about U.S. components found in Iranian-backed drones. According to reports, the Commerce Department has now authorized Arrow to resume shipping under previous conditions.
Trade Restrictions Lifted Following Government Review
U.S.-based electronic components distributor Arrow Electronics has reportedly received notification that the U.S. government is reversing trade restrictions placed on its China-based affiliates, according to recent reports. The restrictions, which were implemented earlier this month, had targeted Arrow entities for allegedly facilitating the sale of U.S. components found in weaponized drones used by Iran-backed groups.