Home / BREAKING / US still to grant any Huawei trade licences

US still to grant any Huawei trade licences

  • Facebook
  • Twitter
  • Google+
HUAWEI

US officials have not granted any licences to trade with blacklisted Chinese firm Huawei, despite receiving more than 130 requests, Reuters says.

The US restricted companies from selling to the electronics giant in May, citing national security concerns, which have been dismissed by Huawei.

President Donald Trump said last month that some exemptions would be allowed.

A spokesman for the commerce department insisted that requests concerning Huawei were “ongoing”.

One industry source suggested to the BBC that a lack of clear guidelines from the Trump administration is to blame for the current stand still.

  • Facebook
  • Twitter
  • Google+

William Reinsch, a former US commerce department official, claims that officials are “afraid” to make a decision.

“Nobody in the executive branch knows what Trump wants and they’re all afraid to make a decision without knowing that,” he told Reuters.

A spokesman for the commerce department insisted that requests concerning Huawei were “ongoing”.

The US recently added a further 45 businesses associated with Huawei to an export blacklist.

It is the latest in a string of mixed signals from the president, who said this week that crucial trade talks with China would resume “very shortly”.

His surprise announcement came after the the US revealed that it would be adding trade tariffs to $550bn (£449bn) worth of Chinese imports.


About Moses Iluyemi

Leave a Reply

Your email address will not be published. Required fields are marked *

Share This

Share This Now

Is it interesting ? Share this post with your friends!

Share This

Share this post with your friends!

Shares