US companies to resume trade with Huawei next month, official says
According to a US official, who chose to stay anonymous, the American government is ready to approve the licenses for companies that want to continue selling components to Huawei. The source confirmed to Reutersthat the approval process could take as little as two to four weeks, which would signal the first notable ease of sanctions since Huawei was put in the Entity list back in May.
This result comes after President Trump announced that US companies will be allowed to continue their business ties with Huawei at the G-20 summit in June.
It was followed by last week’s news that the US Commerce Department would begin issuing special licenses to American firms that want to trade with the Chinese tech giant.
While there wasn’t much detail as to what the licenses are based on, there was a key requirement that all components are readily available across other markets and do not pose a threat to national security.
As we head forward into the second half of 2019 it seems we are on track to see an earlier than expected resolution to the Huawei issues. According to Huawei representatives, instead of issuing special licenses, the American government should remove the company from the Entity list altogether as no concrete evidence has thus shown Huawei’s products pose a threat to US security.
- 19 Jul 2019
Well it was possible in Startrek series. No money there. All do and work for happiness of the whole comunity and human and alien population.
- 18 Jul 2019
You are absolutely right but even though they would send all that data back to themselves, someone can still intercept it before it's sent to them, if they know how to of course. And I also don't agree with many things that the USA has done and...
- 18 Jul 2019
Umm, I don't think you know how this works do you. They could re-route all the traffic, and do it relatively small latency and power use. Or smarter yet, they could have AI/Filter the traffic and capture the data they deem worthy. They can clo...