US to ease Huawei sanctions for another 90 days

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Some telecom companies in the US are 'dependent' on Huawei and thus a 90-day reprieve was deemed appropriate, according to US Commerce Secretary Wilbur Ross. FMTNews

TOKYO: The US will delay for 90 days restrictions the Trump administration has imposed on some business operations of China’s Huawei Technologies Co, Commerce Secretary Wilbur Ross said Monday.

The announcement followed an upbeat tweet from President Donald Trump over the weekend indicating the US was “doing very well with China, and talking.” Huawei, for its part, has been trying to carry on operations in face of US sanctions on the sale of the vital technology.

 

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