Huawei’s temporary trade license with the United States to be extended

US to extend relief to Huawei for 90 days

He did not say whether his administration would extend the "temporary general license".

An extension will renew an agreement set to lapse on August 19, continuing the Chinese company's ability to maintain existing telecommunications networks and provide software updates to Huawei handsets.

Trump said just before boarding Air Force One in New Jersey, that he does not want the US government to do business with Huawei because they are a national security threat. The "general temporary license", which allows US companies to continue doing business with Huawei for another three months, was called a "good faith" gesture by National Economic Council Director Larry Kudlow. However, in recent days, the Trump administration has made a decision to be more lenient towards Beijing in the trade war, agreeing to delay new tariffs on Chinese tech products until December.

Earlier this year, US President Donald Trump signed an executive order that put Chinese tech giant Huawei on its "Entity List", effectively banning the company from doing business with any US-based company. While this definitely a political thing as the initial ban was used by the U.S. as a leverage during it's trade dispute with China.

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

Back in May, the United States government placed an export ban on Huawei barring U.S. companies (and companies using US-origin technology) from doing business with the Chinese tech giant.

The order noted that the indictment also accused Huawei of "deceptive and obstructive acts".

The world's largest telecommunications equipment maker is still prohibited from buying American parts and components to manufacture new products without additional special licences.

In addition to blacklisting the company, Washington has urged other countries to give up using Huawei equipment for future 5G networks.

The Commerce Department late on Friday declined to comment, referring to Ross's comments to CNBC television earlier this week in which he said the existing licenses were in effect until Monday.

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