Department Of Commerce Considering Extending Huawei’s Grace Period

The DoC is considering a reprieve for Huawei, but the President has his own objections.

US President Donald Trump has come out saying he doesn’t want to do business with Huawei “at all.” As the US Department of Commerce debates extending Huawei’s current grace period for buying from US companies, Trump has made it clear that he now stands against further business with Huawei over security concerns.

Trump’s remarks came on Sunday, when he explained that he sees Huawei as a threat to national security. Speaking to reporters aboard Air Force One, Trump said that it’s likely that the US would be halting business with Huawei. “At this moment it looks much more like we’re not going to do business,” Trump told reporters, “I don’t want to do business at all because it is a national security threat and I really believe that the media has covered it a little bit differently than that.”

Credit: AFP

The US Department of Commerce recently added Huawei to the trade blacklist, preventing them from buying components from American companies without getting specific US government approval. One day later, the department said it’ll give the Chinese telecoms giant a 90-day grace period to continue its business with American companies. Huawei normally does business with large American companies, which it’s relied on for its most important components. Huawei has been thrown into the middle of the US-China trade war as America’s strongest single bargaining chip against China. Trump’s recent remarks appear to contrast with some recent moves to encourage trade with Huawei. “US companies can sell their equipment to Huawei … there’s no great, national emergency problem,” Trump told reporters after his meeting.

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