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

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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.

 

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