Friday, 15 November 2019

Huawei's waiver to get 6-month extension

Huawei has been officially banned from trading with US companies since May. Back then, the mobile equipment manufacturer was added to the US Bureau of Industry and Security's Entity List, meaning American businesses cannot sell goods to it. After some time of uncertainty, Huawei received a three-month export waiver, meaning it remains on the list, but US-based companies can still carry out trading with some limitations. Now, the Shenzhen phone maker is looking at another six months of extension. A spokesperson of the US Commerce Department declined to comment whether the waiver...

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