US grants Huawei another 90 days to buy from American suppliers

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 66%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

WASHINGTON: U.S. Commerce Secretary Wilbur Ross said on Monday the U.S. government will extend a reprieve given to Huawei Technologies that ...

WASHINGTON: U.S. Commerce Secretary Wilbur Ross said on Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, even as nearly 50 of its units were being added to a U.S. economic blacklist.

The list includes Huawei affiliates in Argentina, Australia, Belarus, China, Costa Rica, France, India, Italy, Mexico and numerous other countries.Advertisement"We're giving them a little more time to wean themselves off," Ross told Fox Business Network earlier. When the Commerce Department blocked Huawei from buying U.S. goods earlier this year, it was seen as a major escalation in the Sino-U.S. trade war.

Huawei, the world's largest telecommunications equipment maker, is still prohibited from buying American parts and components to manufacture new products without additional special licenses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US grants Huawei another 90 days to buy from American suppliers: RossU.S. Commerce Secretary Wilbur Ross said Monday the U.S. government will extend a reprieve given to Huawei Technologies that permits the Chinese ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US grants Huawei another 90 days to buy from American suppliers: RossUS Commerce Secretary Wilbur Ross said Monday the US government will extend a reprieve given to Huawei Technologies that permits the Chinese firm ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

US President Trump does not want to do business with China's HuaweiU.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Huawei $54 smartphone deal: Nearly 2,000 who registered receive $100 voucherSINGAPORE - Huawei has begun to reach out in batches to 5,000 customers here who were promised $100 discount vouchers following its $54 smartphone promotion that went awry on July 26.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

US power waning in Pacific, warns top Australian think tankThe United States no longer has military primacy in the Pacific and could struggle to defend allies against China, a top Australian think tank has warned. A hard-hitting report from the United States Studies Centre at the University of Sydney released on Monday said the US military is an 'atrophying
Source: YahooSG - 🏆 3. / 71 Read more »

US economists expect recession in 2020 or 2021: SurveyA majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according to a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »