The trade ban by the US government on Huawei has been increased yet again by another three months, the third time this would be happening since the Chinese company was put on the Entity List back in May. With this temporary extension, Huawei is free to trade with American components as long as a threat is not posed to national security.
In a statement, US Secretary of Commerce, Wilbur Ross said, “The Temporary General License extension will allow carriers to continue to service customers in some of the most remote areas of the United States who would otherwise be left in the dark. The Department will continue to rigorously monitor sensitive technology exports to ensure that our innovations are not harnessed by those who would threaten our national security.”
The Temporary General License extension enables Huawei to do business with American companies till February 16, 2020. Any business done involving exports, reexports or in-country transfers of items bound by the US Export Administration Regulations outside the scope of the extension will still require a license, if granted.
This is the latest episode from the Huawei ban but it is not expected to end here. Back in May, President Trump declared a ban on the Chinese tech giant after it was found guilty of violations of the International Emergency Economic Powers Act (IEEPA).