Trump gives Huawei a break and lifts restrictions for three months

The Trump administration has issued a license to US companies to continue to do business with Huawei for the next three months to limit the impact of the export restriction on the Chinese telecommunications equipment manufacturer.

In a notice published this afternoon in the federal government registry, the Ministry of Commerce's Bureau of Industry and Security said that I allowed "to make transactions" with Huawei and its subsidiaries under certain conditions.

This includes agreements "necessary for the maintenance and support of existing networks and equipment currently fully operational, including software updates and patches", as well as contracts "necessary for the provision of services and support, including software updates or patches of existing Huawei devices. "

Last week, as trade tensions between the United States and China intensified, The White House has suddenly announced that it would place Huawei on the blacklist of exporters from the Ministry of Commerce. This means that US companies wishing to sell to Huawei must obtain a special license from the US government.

In addition to being a blow to Huawei in the United States and around the world, the Trump administration's decision resulted in a mbadive sell-off of shares of US tech companies – including chip makers – that are Huawei's big suppliers.

"The temporary general license gives operators time to make further preparations and the department gives them the space to determine the appropriate long-term measures for US and foreign technology providers who are currently dependent on the technology." Huawei equipment for critical services, "said US Secretary of Commerce, Wilbur Ross, in a statement.

"In summary, this license will allow the continued operation of Huawei's mobile phone users and rural broadband networks."

On Monday, Google announced that it would stop handing over its Android software to Huawei in order to comply with the export restrictions imposed by President Donald Trump.