Tags: China | Trump Administration | tradewar | tariffs | huawei | negotiation | tech

WSJ: US to Extend Huawei's License 90 Days Amid Talks

huawei flags fly outside a venue in china.
Flags with the Huawei logo are seen outside the venue where the telecom giant unveiled its new HarmonyOS operating system on August 9, 2019. (Fred Dufour/AFP/Getty Images)

By    |   Sunday, 18 August 2019 02:50 PM

The Trump administration is going to give Huawei Technologies Co. a temporary reprieve in working with U.S. customers for 90 days, according to The Wall Street Journal.

The U.S. Commerce Department had placed China-based Huawei on an export blacklist, citing national-security concerns amid trade negotiations and an ensuing trade war, but the license to enable Huawei in the U.S. will be extended in an announcement set for Monday, an administration official told the Journal.

The previous temporary license given in May was scheduled to expire Monday.

The license authorizes transactions between Huawei and U.S., including rural wireless carriers that use Huawei technology, according to the report.

"We have to defend American interests, not only our economic interests but our security interests," White House economic adviser Larry Kudlow told "Fox News Sunday."

As part of the trade negotiations between the Trump administration and China, President Donald Trump seeks to curb China's forced technology transfers, which could allow China to use Huawei's U.S. access to spy on the U.S. or its telecommunications companies. Huawei officials have denied the claims, per the report.

"President Trump has said he's willing to negotiate," Kudlow added to Fox News. "He's willing to make a deal. It's got to be the right deal to protect American interests as I've said a million times.

"The president's goal here is very simple: He wants to defend the American economy. And China, which has been stealing intellectual property, and forcing technology transfers and cyberhacking – China's go to play by the rules.

"China's got to have lower barriers across the board. No more unlawful practices. Now, this can be done over a period of time if they are willing to do it. We are willing to talk."

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The Trump administration is going to give Huawei Technologies Co. a temporary reprieve in working with U.S. customers for 90 days, according to The Wall Street Journal.The U.S. Commerce Department had placed China-based Huawei on an export blacklist, citing...
tradewar, tariffs, huawei, negotiation, tech
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2019-50-18
Sunday, 18 August 2019 02:50 PM
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