Huawei gets another 90-day temporary extension to trade with US companies

by Kelvin

Earlier this year, US President Donald Trump signed an executive order according to which the Chinese tech giant Huawei was included in the "List of Organizations", which effectively banned the company from doing business with any American company.

However, a later ban was postponed for 90 days, during which time the company was allowed to purchase components manufactured by US companies in order to support existing networks, as well as to deliver software updates for existing Huawei devices. However, the company was limited from placing new orders for parts and components from US companies to create new devices without obtaining a license.

  

Now that the 90-day grace period is drawing to a close, the US Department of Commerce is expected to extend it for another 90 days, allowing Huawei Technologies to purchase materials from US companies so that it can serve existing customers, the report said.

A couple of months ago, in June, after successful negotiations with Chinese President Xi Jinping at the G20 summit in Japan, US President Donald Trump allowed US firms to continue to do business with Huawei. But nothing substantial has been done in this regard.

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The announcement of Donald Trump was contrary to the ban imposed by the US Department of Commerce several months ago. The ban on trade forced various US companies to sever ties with a Chinese manufacturer of telecommunications equipment. As a result, Google also banned Huawei from using its services, including Android.

Many Huawei suppliers in the United States have requested special licenses for sale to the Chinese giant. Trade Minister Wilbur Ross also confirmed that he received more than 50 applications at the end of last month and expects him to receive more.

However, the company is working to reduce its dependence on American companies. Huawei has released its own operating system called HarmonyOS and is cutting back on the business it conducts with the United States.

( A source )

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