Tuesday, May 21st 2019
U.S. Dept of Commerce Gives Huawei a 90-day Waiver to Wrap Up its Affairs
The United States Department of Commerce granted Huawei a 90-day respite in the form of a waiver, from the Bureau of Industry and Security's list of entities American businesses cannot trade with. Huawei shook the tech world last weekend, when it found itself banned by the Department of Commerce. Called TGL, or Temporary General License, with a defined lifespan of 90 days following 20th May, the TGL "grants operators time to make other arrangements and the Department space to determine the appropriate long term measures for Americans and foreign telecommunications providers that currently rely on Huawei equipment for critical services," said Secretary of Commerce Wilbur Ross.
"In short, this license will allow operations to continue for existing Huawei mobile phone users and rural broadband networks," he added. The 90-day period blunts the abrupt nature of the ban, giving U.S. businesses time to make alternative business plans with other partners. It also gives Huawei time to wrap up its affairs by seeking out dues from U.S. businesses, clearing out its dues to U.S. businesses, and lawfully exiting the U.S. market.
Source:
United States Department of Commerce
"In short, this license will allow operations to continue for existing Huawei mobile phone users and rural broadband networks," he added. The 90-day period blunts the abrupt nature of the ban, giving U.S. businesses time to make alternative business plans with other partners. It also gives Huawei time to wrap up its affairs by seeking out dues from U.S. businesses, clearing out its dues to U.S. businesses, and lawfully exiting the U.S. market.
25 Comments on U.S. Dept of Commerce Gives Huawei a 90-day Waiver to Wrap Up its Affairs
This is psychological, geopolitical warfare. Take note as well, of China's silence at this point. They were taken by surprise.
Its practical for all parties involved.
The so-called "Shock" or suprise of it is in fact a good thing since the Chinese didn't believe it would happen, hence the suprise part of it.... And sometimes such a suprise is a good thing.
I'm not saying they are the only ones doing such since it's just fact everyone does it to various extents to each other. In this case it's either do something about it yourself or continue letting it happen or else, and I can promise you no one else will step in and solve it for us either - Up to us for doing that in those terms.
China has factually proven with it's actions in the past it's an aggressive minded society in terms of economics, tech, military and all else you can think about and they have been taking steps on all these fronts to push things to their advantage.
Don't expect them to stop and play nice on their own because they won't, only a fool would expect such.
If the US displays itself like this then why start business/tech in America? None of the companies wanted to ban Huawei but US government ordered them to. To me it sounds like setting up business overseas is a better idea. Less likely to kill your profits.
Hawei got away with it because the us politicians are bought by the chinise.. Trump is putting a stop to that.
A. in China there is only 1 firewall, whether a company is actively spying or not, any data that enters China, the Chinese government has access to.
B. IP theft in China is not viewed as theft but as iterative development and is actively encouraged.
C. You do what the government tells you or they just take all your stuff. (aka leave those routers unpatched, we like that security hole)
Others... have their children get rich.
nypost.com/2019/05/11/the-troubling-reason-why-biden-is-so-soft-on-china/