Shortly after the company blacklisted over national security firms in May, the company was given 90 days to help customers with the transition.
US Commerce Secretary Wilbur Ross confirmed to Fox News on Monday the US is granting Huawei a second 90-day license following its blacklisting.The firm was placed on an"entity list" over national security firms in May, and was initially given 90 days to help customers with the transition.Visit Business Insider's homepage for more stories.
US Commerce Secretary Wilbur Ross announced on Monday that the US is giving Huawei another 90 days before it is properly blacklisted from doing business with American firms. The Department of Commerce placed Huawei on an"entity" list back in May, which bars American firms from doing business with the company without obtaining permission from the government. These licenses are thought to be difficult to procure.to help its customers transition. That license was due to run out today.Ross confirmed this to Fox News"It is another 90 days for the U.S. telecom companies," Ross said."Some of the rural companies are dependent on Huawei.
In spite of the reprieve, the Commerce Department has added 46 more Huawei subsidiaries to the entity list. "We now have more than 100 subsidiaries on the entity list," Ross said."Adding more entities makes it more difficult for Huawei to get around the sanctions."President Trump told reporters on Sunday that he
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