News

Exclusive: U.S. says it may scale back some Huawei trade restrictions

A Huawei logo is seen at an exhibition during the World Intelligence Congress in Tianjin, China-May 16, 2019. REUTERS/Jason Lee

(Reuters) – The U.S. Department of Commerce may soon scale back the restrictions on the Huawei Technologies after a recent black list makes it almost impossible for the Chinese company to purchase goods made in the United States, a department spokesman said on Friday.

The Ministry of Commerce may be a temporary general license to provide time for companies and people that Huawei equipment to maintain reliability of their communication networks and equipment, the spokesman said.

Reporting by Karen Freifeld; Editing by Leslie Adler

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular