U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firm
Huawei store is seen at a commercial area in Wuhan, Hubei/ A Huawei store is seen at a commercial area in Wuhan, Hubei province, China March 30, 2019. Picture taken March 30, 2019. REUTERS/Stringer/ (Reuters) - The U.S. government has temporarily eased trade restrictions imposed last week on China's Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech firm had prepared for U.S. action. The U.S. Commerce Department will allow Huawei Technologies Co Ltd to purchase American-made goods ...
Click
To Read Full Article