08-17-2019, 04:50 PM #1Report: US expected to give Huawei another 90-day export license
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Back in May, the US government placed an export ban on Huawei barring US companies (and companies using US-origin technology) from doing business with the Chinese tech giant. Because Huawei still has customers to support in the smartphone and cellular infrastructure business, the US Department of Commerce gave Huawei a 90-day exemption on the ban, allowing it to support its existing customers. That 90-day license was issued on May 20, 2019, so it expires this Monday, August 19. Now what?
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View more stories According to a report from Reuters, the US Government is just going to kick the can down the road again and give Huawei another 90-day extension to support its customers. Sources tell Reuters the deal is "expected" to be renewed this weekend, pending a call between US President Donald Trump and Chinese President Xi Jinping
Back in May, the department of commerce described the exemption, saying "The Temporary General License grants operators time to make other arrangements and the Department space to determine the appropriate long-term measures for Americans and foreign telecommunications providers that currently rely on Huawei equipment for critical services. In short, this license will allow operations to continue for existing Huawei mobile phone users and rural broadband networks."
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