Surprise Me!

U.S. set to extend license allowing firms to do business with Huawei

2019-11-18 11 Dailymotion

The U.S. is likely to issue a two-week extension of a license that allows companies to continue doing businesses with Huawei.<br />According to sources cited by Reuters,... the Trump administration is set to announce the decision on Monday, local time, when the previous 90-day extension expires.<br />A longer extension is reportedly being drawn up, but is not finalized due to regulatory hurdles.<br />Earlier this year, the Commerce Department added Huawei to an economic blacklist citing national security concerns.<br />But it has allowed the tech giant to continue doing limited business with American companies.<br />

Buy Now on CodeCanyon