Trump grants temporary reprieve from Huawei ban
The Trump administration has issued a licence that will allow US companies to keep doing business with Huawei for the next three months in a bid to contain the fallout from the export restrictions on the Chinese telecoms equipment maker.
The licence would enable operations to continue for existing Huawei mobile phone users and rural broadband networks in the US, the commerce secretary, Wilbur Ross, said in a statement on Monday.
“The temporary general licence grants operators time to make other arrangements and the [commerce] department space to determine the appropriate long term measures for Americans and foreign telecommunications providers that currently rely on Huawei equipment for critical services,” Mr Ross said.
Ren Zhengfei, Huawei’s founder, said the reprieve “doesn’t mean much” to the company as it had already prepared for a potential blacklisting, and warned that the US was underestimating Huawei.
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