U.S. president Donald Trump on Wednesday extended the supply chain ban on Chinese companies such as Huawei and ZTE until May 2021.
The ban, signed in May last year, is based on the International Emergency Economic Power Act, which gives the president the power to regulate business to help deal with a state of emergency that threatens the security of the United States. The order declares a state of emergency and prohibits American companies from using telecommunications equipment made by companies that pose a national security risk.
Us lawmakers said the ban was aimed directly at Chinese companies such as Huawei and ZTE.
On May 16, 2019, the Commerce Department added Huawei to the entity list on national security grounds, but the department has since extended temporary licensing restrictions several times. The most recent was in February 2020, when it was decided to extend the licence until 1 April 2020.
The Commerce Department is expected to extend the license again, which is scheduled to expire on Friday, allowing U. S. companies to continue doing business with Huawei, people familiar with the matter said.
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