US companies Get A 90-day extension To Work With Huawei On the Rural networks
Updated 2:25 p.m. ET
The trump administration gives the American company an additional three months, to do business with the Chinese Telecom giant Huawei, the Commerce Department said on Monday.
It is the third time that the United States has extended a grace period, which is meant to ease the disruption for the Huawei customers. Many Internet-and mobile phone carriers in the rural parts of the US networking equipment from Huawei, and the temporary extension means that you can keep buying your networks up-to-date.
“The Temporary General license extension allows the carrier to continue the customers in some of the most remote areas of the United States that would otherwise be left in the dark,” said trade Minister Wilbur Ross in a statement.
Huawei said in a statement that the extension of the temporary license, “will have a big impact on Huawei’s business or something. This decision does not change the fact that Huawei is still treated unfairly.”
The company reiterates its call on the US to remove it from the blacklist, known as the “Entity List”. Huawei said the move caused “significant economic harm to American companies, where Huawei does business, disturbed cooperation, and undermine the mutual trust on which global supply chain depends.”
The US first the black list Huawei in may, in the midst of an escalating trade war with China. American companies are excluded from the sale or purchase of products for companies on the list, because of national security.
The trump administration is worried that Huawei and other major Chinese company spying for Beijing or the theft of intellectual property from American companies could. Huawei denies the allegations and says the United States has no evidence that the company presents a threat.
Released on Mon, 18 Nov 2019 17:59:44 +0000