The us is set to issue huawei with another 90 day extension to a licence that lets it source some components from american companies.
28+ Us Delays Huawei Trade Ban For Another 90 Days Background. In these 90 days, huawei will be allowed to purchase/trade american goods with the sole reason of maintaining the existing networks and for providing software. A temporary general license was due to expire on monday but u.s.
Reuters Us Will Postpone Huawei Ban For 90 More Days from capital.com
Commerce department tightens export controls on huawei, and extends temporary general license for another 90 days. Huawei was put on a blacklist last week by us over national security concerns. Also added more than 40 huawei affiliates to a trade blacklist.
To recap, after us president donald trump signed an executive order to ban huawei last week, us tech companies like google, qualcomm, and intel.
Will extend for another 90 days a limited set of exemptions that had protected rural networks and other u.s. Us gives huawei another 90 days before full ban takes effect. On saturday, reuters reported that the us commerce department was looking to extend its waiver for huawei for another 90 days, allowing the chinese tech giant to purchase technology from american enterprises. Gives huawei another 90 days before trade ban.
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