Press "Enter" to skip to content

US to extend Huawei waiver for another 90 days

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

US Commerce Secretary Wilbur Ross said on Monday that the US government will extend a reprieve given to Huawei Technologies that permits the company to purchase products from American firms.

The “temporary general license” will be extended for Huawei for 90 days, Ross told Fox Business Network Monday. The waiver was granted in May shortly after the US blacklisted the company in a move aimed at minimising disruption for its customers.

The 90-day extension “is intended to afford consumers across America the necessary time to transition away from Huawei equipment, given the persistent national security and foreign policy threat,” the Commerce Department said in a statement on Monday.

Ross also said he was adding 46 additional Huawei affiliates that will be added to the Entity List, the so-called economic blacklist.

The extension, through Nov. 18, renews an agreement continuing the Chinese company’s ability to maintain existing telecommunications networks and provide software updates to Huawei handsets.

The Commerce Department said on Monday it is now requiring the exporter, re-exporter, or transferor to obtain a certification statement from any Huawei entity prior to using the temporary general license.

Related Post

US delays tariff hike on Chinese goods after China... US President Donald Trump wrote in a post on Twitter that the United States had agreed to delay increasing tariffs on $250 billion worth of Chinese im...
Trump to slap additional 10% tariff on $300 billio... US President Donald Trump said on Thursday he would impose an additional 10 per cent tariff on $300 billion worth of Chinese imports starting Sept. 1,...
Trade talks can continue only if “US corrects wron... The US needs to correct its wrong actions if it wants to continue negotiations with China to end a damaging tariff war, China’s Commerce Ministry said...
China’s exports back to growth unexpectedly,... China reported better-than-expected trade data on Thursday despite escalating trade tensions between the world's two largest economies with US pre...
China confirms high-level trade talks next week Chinese Vice Premier Liu He will hold a new round of high-level China-US economic and trade consultation with US Trade Representative Ro...

Top