The U.S. Commerce Department is expected to extend a reprieve given to Huawei Te...
SINGAPORE/WASHINGTON - The U.S. Commerce Department is expected to 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, sources familiar with the situation said.
The situation surrounding the license, which has become a key bargaining chip for the United States in its trade negotiations with China, remains fluid and the decision to continue the Huawei reprieve could change ahead of the Monday deadline, the sources said. The world’s largest telecommunications equipment maker is still prohibited from buying American parts and components to manufacture new products without additional license approvals.
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