The Trump administration granted Huawei a new 90-day license extension - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Trump administration granted Huawei a new 90-day license extension

President Donald Trump's administration issued a 90-day extension allowing US companies to continue doing business with China's Huawei Technologies.

After adding Huawei to an economic blacklist in May citing national security concerns, the US Commerce Department has allowed it to purchase some American-made goods in a series of 90-day license extensions that it says aim to minimize disruption for its customers, many of which operate networks in rural America.

The US Commerce Department added Huawei to its "Entity List" in May after it concluded the company is engaged in activities "contrary to US national security or foreign policy interests."

 

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:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines