Huawei's 90-day postponement expires today, so what now?
The United States granted Huawei a 90-day deferral of the manufacturer's ban in May. The trade ban, which allows US companies to maintain business ties with Huawei, expires today (August 19).
Reuters reported on Friday that the US Department of Commerce was prepared to issue another 90-day grace period, citing two sources. The expansion will allow Huawei to continue to maintain its current telecommunications network and update its Android phones.
Now the news headlines that President Donald Trump does not want US companies to relate to the company.
"At this moment, it looks a lot more like we shouldn't do business," Trump told reporters Sunday before boarding Air Force One, insisting the company was a threat to national security.
Trump said parts of Huawi's business could be excluded from a more comprehensive ban, but added that it would be "very complicated." The president did not clarify whether a further 90-day extension would be given to the company. [19659005] Trump's comments come a few months after he partially lifted the ban on the Chinese company and the president declared that US companies could sell equipment to Huawei for as long as right had no disruption to national security.
We have contacted Huawei to ask how an expired expansion would affect the company's operations, new units and updates for current units. The company has not responded yet, but we will update the article if they should come back to us.