Huawei Granted Trading Extension By US Government; Is It The Final One?

Huawei Granted Trading Extension By US Government; Is It The Final One?

5 years ago
Anonymous $xdcOWPpsb_

https://wccftech.com/huawei-trading-extension-us-government/

In a move that was anticipated by many, the US government has decided to grant Chinese telecommunications giant Huawei a 90-day extension to trade with American firms. While the company has come under sharp criticism from the Trump administration for its 5G equipment, Huawei continues to also provide critical 4G and other cellular infrastructure components to carriers covering rural America.

In a press release, the Department of Commerce's Bureau of Industrial Security has confirmed that it will allow Huawei and its non-American affiliates to conduct business with American companies for an added time period of 90 days. This announcement marks the second extension Huawei's received for its Temporary General License, with the first one being cleared in August. The company was granted this license in May.