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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.
View at TechPowerUp Main Site
"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.
View at TechPowerUp Main Site