US to extend license allowing its cos to continue business with Huawei: NYT

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 66%

Business News News

Business Business Latest News,Business Business Headlines

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei ...

REUTERS: The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported https://nyti.ms/2OcpWYo on Friday, citing people familiar with the deliberations.

An earlier reprieve issued by the U.S. Commerce Department is set to expire on Monday, but the administration of U.S. President Donald Trump is expected to extend it for a period of time, according to the report, which added that the decision could change given the ongoing trade talks between the U.S. and China.Huawei and the Commerce Department did not immediately respond to a Reuters request for comment outside regular working hours.

 

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:

 /  🏆 6. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines