Huawei to receive another 90-day extension to its temporary trade license

Huawei was banned from trading with US companies back in May this year, just to receive a temporary permit a few days later. The Shenzhen-based telecommunications giant had 90 days to trade with US partners and the reprieve is ending today. According to Reuters, the US Commerce Department is expected to extend the trade license for another three months, and hopefully, in this time the United States and China will manage to reach an agreement in their ongoing trade disputes. The agency quoted "two sources familiar with the situation" since none of the sides commented on the matter....



Source: https://www.gsmarena.com/huawei_to_receive_another_90day_extension_to_its_temporary_trade_license-news-38759.php

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