U.S. expected to extend Huawei deadline - sources2019|01:18
The U.S. is expected to extend a reprieve that allows Huawei to buy supplies from American companies. That's according to two sources, who exclusively told Reuters that the U.S. Commerce Department will extend for 90 days the Chinese company's existing license, which was due to expire on August 19th. The Trump administration blacklisted the company in May but shortly after in May it allowed Huawei to purchase some American-made products. The move was meant to minimize disruption for its customers, many of which operate telecom networks in rural America. Huawei's license has become a key bargaining chip for the United States in its trade negotiations with China and sources said the decision to continue the Huawei reprieve could change ahead of the Monday deadline. Once source said that President Trump and Chinese President Xi Jinping are expected to discuss Huawei in a call this weekend. Huawei bought $11 billion worth of products from American companies, including Qualcomm and Intel in 2018. But the U.S. blacklisted Huawei alleging it's involved in activities contrary to national security, saying Huawei's smartphones and network equipment could be used by China to spy on Americans, allegations the company has repeatedly denied.