US Delays Huawei Trade Ban for Another 90 Days

upnorth

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Jul 27, 2015
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The US Commerce Secretary, Wilbur Ross, has confirmed a ban on Chinese technology giant Huawei will not come into force for another 90 days.

The US blacklisted the company in May because of national security concerns. Huawei was then granted a temporary permit in order to ease the transition, which was due to expire on Monday. However, Mr Ross added a further 46 Huawei affiliates would now be added to the US Entity List, a blacklist of firms with which the US will not trade. The reprieve was designed to allow companies such as Google to trade with Huawei while adjusting to the restrictions. And Mr Ross said the extension would help US customers. "We're giving them a little more time to wean themselves off," he said.
 

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