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Exclusive: The US says it can reduce some Huawei trade restrictions

A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China May 16, 2019. REUTERS / Jason Lee

(Reuters) ̵[ads1]1; The US Commerce Department may soon restrict restrictions on Huawei Technologies after this Uke's blacklist made it almost impossible for the Chinese company to buy goods made in the United States, a department spokeswoman said Friday.

The Department of Commerce may issue a temporary general license to allow time for companies and persons having Huawei equipment to maintain the reliability of the communications networks and equipment, spokeswoman said.

Possible general license will not apply to new transactions, according to spokeswoman, and will last for 90 days.

A spokesman for Huawei did not immediately respond to a request for comment.

The Department of Commerce on Thursday added Huawei to a list of entities banned from doing business with US companies without licenses.

The entity list identifies companies that are believed to be involved in activities that violate US national security or foreign policy interests.

Prospective license beneficiaries may include Internet access and mobile carriers in densely populated places such as Wyoming and Eastern Oregon who purchased Huawei's networking equipment in recent years.

Reporting by Karen Freifeld; Editing by Leslie Adler and Grant McCool

Our Standards: Thomson Reuters Trust Principles.

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