Huawei had a further 3 months of running momentum before the US ban took effect

According to the latest notice issued by the US Department of Commerce early this morning, the US President Donald Trump administration decided to continue licensing so that American telecommunications and technology companies can trade with Huawei is normal within the next 90 days.

Earlier this year, US officials issued documents asking businesses to restrict purchases of electronics and telecommunications equipment from suppliers from China, citing concerns. afraid of electronic espionage activities. The decision is considered to be the first direct hit that the Trump administration has aimed at Huawei - a factor that is said to be closely linked to the Chinese government, and has always been subjected to a stoop. 'in a trade war between the two leading powers in the world right now.

Of course, Huawei denies all allegations and considers itself to be a victim of unfair business competition. The incident escalated to a climax when the White House put Huawei on a "black list", requiring all domestic companies to stop dealing with China's largest technology group. However, in response to the business community's reaction, the U.S. Department of Commerce immediately issued a temporary license to postpone the ban for 3 months so that the telecom companies still using Huawei infrastructure had technology conversion time.

Huawei had a further 3 months of running momentum before the US ban took effect Picture 1

The license expired in August, then was extended until November 19 because many US companies were unable to keep up. Thus, with the latest statement from the US Department of Commerce, the Trump administration's ban on Huawei will continue to be delayed for another 3 months and is expected to take effect after February 16, 2020. This made many people skeptical of America's true potential when it launched a war in the field of technology with China represented by Huawei.

The decision to postpone the ban was made by the US in the context of ongoing trade negotiations between China and China. Despite concerns about lawmakers' national security, President Trump said Huawei's fate could be the strategic card he will put on the negotiating table with his Chinese counterpart.

In a related move, Huawei's representative once again reaffirmed that extending the embargo period does not affect too much of the company's business.