Huawei likely to ease US sanctions - ADBITECHNO

Huawei likely to ease US sanctions

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Chinese company Huawei has been experiencing difficulties over the past few months due to US sanctions, but it seems to be getting good news soon.
The New York Times said in a report that the Trump administration is ready to issue licenses to some US companies after which they will be able to sell non-sensitive equipment to a Chinese company.
The report said the license was decided by US President Donald Trump at a meeting last week.
According to the report, the issuance of a license to trade with Huawei will allow companies to do business in May this year despite a ban on a Chinese company.
In August this year, more than 130 applications for sales of American products were submitted to the US Department of Commerce by US companies.
Earlier in June, the Trump administration had said that some companies would be allowed to trade with a Chinese company under a license, but a license has not been issued so far.
That's why Google Apps was not available on Huawei's new flagship Mate 30 series phones because Google Apps requires a license, but the US company's ban on the Chinese company did not issue that license.
US President Donald Trump, in an executive order in May this year, blacklisted Huawei and ordered US companies to cut business ties with Huawei.
However, in full suspension of the ban, the Chinese company was issued a temporary license for 90 days, which allowed Huawei to update its Android phones.
The provisional license expired on August 19, but US Commerce Secretary Wilbur Russo once again spoke to Fox Business and announced the issuance of a temporary license for 90 days, which expires November 19.

Despite sanctions, US sanctions for Huawei are causing various problems as several large technology companies have cut ties with the Chinese company, limiting its access to key software and components.
Huawei likely to ease US sanctions Huawei likely to ease US sanctions Reviewed by RAJA SAEED on October 11, 2019 Rating: 5

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