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US to extend license for its companies to continue business with Huawei

The Trump administration is set to issue a two-week extension of a license allowing US companies to continue doing business with China’s Huawei, reported Reuters.

The extension of around two weeks is far shorter than the prior 90-day extension and a longer extension is in the works but has not yet been finalized due to regulatory hurdles, said a Reuters source.

After adding Huawei to an economic blacklist in May citing national security concerns, the US Commerce Department has allowed it to purchase some American-made goods in a move aimed at minimizing disruption for its customers, many of which operate networks in rural America.

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