US postpones sanctions against Huawei for another 90 days

Today, August 19, the grace period that the US authorities gave to American companies after entering Huawei

into a black list". However, the “sentence” for the Chinese manufacturer, as expected, was again postponed.

What happened

Let us remind you that the grace period allows Americancompanies continue to cooperate with Huawei, despite the sanctions, and sell it components and technology. And today this period has been extended by another 90 days - until November 19.

“We are giving U.S. telecom companies more90 days. Some companies operating in rural areas depend on Huawei. So we’re giving them a little more time,” explained US Commerce Secretary Wilbur Ross.

Despite this, the minister emphasized, the United States still has questions for Huawei on national security issues.

At the same time, US President Donald Trump, who not long ago promised to “pardon” Huawei, is categorically against cooperation with the Chinese company.

“Huawei is a company with which we cannot do business at all. I don’t want any business with her because she poses a threat to our national security,” Trump said.