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Huawei is Given an Extra 90 More Business Days

 
 
 

The Secretary of Commerce Wilbur Ross has confirmed that the US government has extended the exemptions that allow Chinese telecommunications group Huawei to continue doing business in the United States for a further 90 days.

In May this year, the United States considered that Huawei posed a threat to national security and said it wanted to ban the Chinese group, but eventually granted temporary exemptions to individual US companies that deal with the Huawei, allowing them to sell selected products or switch suppliers.

Originally the exemption was due to expire this week, but the US has granted a further 90 days for US telecommunications companies, including some rural businesses, that depend on Huawei, to switch suppliers.

Hours before the deadline was due to expire; China asked US President Donald Trump to deliver on his ‘promise’ and allow US companies to continue to do business with Huawei, noting that this had been agreed during a meeting with the President of China, Xi Jinping, during the G7 summit in Japan.

Chinese Foreign Ministry spokesman, Geng Shuang, said a breach of this agreement will affect Washington’s ‘reputation and credibility.’

Samantha Gannon

info at madeira-weekly.com

Madeira Weekly