Trump administration grants 90-day extension for US businesses to work with Huawei

Trump administration grants 90-day extension for US businesses to work with Huawei
By: WNG CNBC Posted On: November 18, 2019 View: 13

Trump administration grants 90-day extension for US businesses to work with Huawei

A Huawei logo is pictured at their store at Vina del Mar, Chile July 18, 2019.

Rodrigo Garrido | Reuters

The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China's Huawei as U.S. regulators continue crafting rules on telecommunications firms that pose national security risks.

After adding Huawei to an economic blacklist in May citing national security concerns, the U.S. Commerce Department has allowed it to purchase some American-made goods in a series of 90-day license extensions that it says is aims to minimize disruption for its customers, many of which operate networks in rural America.

Read this on WNG CNBC
  Contact Us
  World News Guru
Mail : [email protected]
  Follow Us
Site Map
Get Site Map
  About

World News Guru is completely free and offers a broad range of media content from a varied and extensive range of sources. A global leader in online news, World News Guru presents news from over 2,000 reputable sources including mainstream providers BBC, CNN, CNBC, Sky Network, The New York Times etc to more regional and localized sources. We deliver unparalleled coverage on a vast range of subjects. This provides users with a variety of perspectives and different interpretations on breaking news events.