News Formal

U.S. begins issuing some licenses for companies to supply goods to Huawei

  • 📰 Reuters
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Some Huawei suppliers get U.S. approval to restart sales to blacklisted firm

FILE PHOTO: A Huawei company logo is pictured at the Shenzhen International Airport in Shenzhen, Guangdong province, China July 22, 2019. REUTERS/Aly Song/File Photo

- The U.S. Commerce Department confirmed Wednesday it has begun issuing licenses for some U.S companies to supply non-sensitive goods to China’s Huawei Technologies Co Ltd. In May, the Trump administration put Huawei on an economic blacklist, citing national security concerns, but on Monday agreed to again extend a temporary general license to assist some U.S. rural network operators.

U.S. Commerce Secretary Wilbur Ross told Fox Business Network late Tuesday that the department has “had 290-something requests for specific licenses. We now have been starting to send out the 20-day intent to deny letters and some approvals.”

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:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

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

The Trump administration granted Huawei a new 90-day license extension - Business InsiderThe newest license comes amid discussions between the United States and China to resolve a trade war that has roiled for over a year.
Source: BusinessInsider - 🏆 729. / 51 Read more »