5/18, 12:49 AM (Source: TeleTrader)
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US Commerce Dept could ease Huawei ban temporarily

The United States Department of Commerce is considering a 90-day reprieve for some trade restrictions against Chinese tech giant Huawei, a spokesperson said.

Trade tensions between Washington and Beijing increased this week as reports indicated negotiations between the two countries stalled after the US issued a national emergency declaration as a means to protect its information technology from foreign actors. The administration of President Donald Trump also blacklisted Huawei for allegedly acting against US national security.

Breaking the News / VP