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What next for Huawei as it’s 90-day reprieve expires today

Kenyan Business Feed by Kenyan Business Feed
What next for Huawei as it’s 90-day reprieve expires today
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The U.S. Commerce Department had offered a 90-day reprieve on May to a handful of companies that can conduct business with Huawei before the Trump administration’s ban on the use of the Chinese company’s technologies could fully kick in. The reprieve expires today (August 19).

It was reported on Friday that the U.S. Commerce Department was set to issue another 90-day grace period. The extension would allow Huawei to keep maintaining its current telecommunications networks and updating its Android phones.

There are now conflicting reportings that President Donald Trump doesn’t want U.S. firms to deal with Huawei company again.

“At this moment it looks much more like we’re not going to do business,” Trump told reporters on Sunday before boarding Air Force One, insisting that the firm was a national security threat.

Trump said parts of Huawei’s business could be excluded from a more comprehensive ban, but added that it would be “very complicated.” The president didn’t clarify whether another 90-day extension would be granted to the company.

The deal extension reports have many people asking themselves that “If China is indeed a security threat, then why should Trump use Huawei as a bargaining chip nor should the US supply Huawei with any parts with many thinking the allegations as malicious and false.

The second question is “Who is it that seems desperate for a deal? Trump or China?”

The last question is “What next as the 90-day reprieve expires today?”

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Kenyan Business Feed

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