Trade Restrictions news and trends

US Loosens Some Huawei Restrictions

May 21, 2019
huawei
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US Loosens Some Huawei Restrictions

May 21, 2019
The U.S. Commerce Department has eased some of the trade restrictions recently imposed on Huawei — at least for the next 90 days. Huawei Technologies will be allowed to purchase American-made goods so that it can maintain existing networks, as well as provide software updates to its current handsets. However, the company is still banned […]