Huawei's temporary license to deal with U.S. companies ends today—what next? | SoyaCincau.com

  • 📰 Soya_Cincau
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

Huawei’s temporary license to deal with U.S. companies ends today—what next?

that the U.S. Department of Commerce is set to extend Huawei’s temporary license by another 90 days, although nothing is concrete at this point in time. This, however, contradicts Donald Trump’s recent statement:

“I don’t want to do business at all because it is a national security threat. We’ll see what happens. I’m making a decision tomorrow,” In case you need a bit of context, here’s the situation in a nutshell. Amidst rising trade tensions with China, the U.S. Department of Commerce has placed Huawei on a of entities. This basically means that Huawei has to attain special permission from the Commerce Department to buy goods from U.S. companies, with most applications generally rejected under a presumption of denial.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 16. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This company provides 'perfect replicas' of iOS, and Apple is suing them | SoyaCincau.comApple is suing Corellium, a company that makes virtual copies of the iOS operating system that iPhones and iPads run on.
Source: Soya_Cincau - 🏆 16. / 55 Read more »