U.S. grants Huawei new 90-day license extension

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U.S. grants Huawei new 90-day license extension
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The Trump administration on Monday issued a new 90-day extension allowing U.S. c...

WASHINGTON - The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd as U.S. regulators continue crafting rules on telecommunications firms that pose national security risks.

Reuters on Sunday reported the planned 90-day extension after the Trump administration initially planned a short-term two-week reprieve, but ran into bureaucratic issues and opted instead to issue another 90-day extension. Huawei said Monday the extension “won’t have a substantial impact on Huawei’s business either way. This decision does not change the fact that Huawei continues to be treated unfairly either.”

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