Tech

US to extend license allowing its companies to continue business with Huawei, report says

Key Points
  • The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported on Friday.
  • An earlier reprieve issued by the U.S. Commerce Department is set to expire on Monday.
A Huawei logo is pictured at their store at Vina del Mar, Chile July 18, 2019.
Rodrigo Garrido | Reuters

The United States is set to extend a license allowing U.S. companies to continue doing business with Chinese technology company Huawei Technologies Co Ltd, the New York Times reported on Friday, citing people familiar with the deliberations.

An earlier reprieve issued by the U.S. Commerce Department is set to expire on Monday, but the administration of U.S. President Donald Trump is expected to extend it for a period of time, according to the report, which added that the decision could change given the ongoing trade talks between the U.S. and China.

Huawei and the Commerce Department did not immediately respond to a Reuters request for comment outside regular working hours.

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