United States President Donald Trump has said he does not want the US to do business with China’s Huawei even as his administration weighs whether to extend a grace period for the company.
“At this moment it looks much more like we’re not going to do business,” Trump told reporters in New jersey adding that there were small parts of the Chinese telecom giant’s business that could be exempted from a broader ban, but that it would be “very complicated”.
Several media outlets reported on Friday that the US Commerce Department is expected to extend a reprieve given to Huawei Technologies Co Ltd that permits the Chinese firm to buy supplies from US companies so that it can service existing customers.
Speaking earlier on Sunday, National Economic Council Director Larry Kudlow said the Commerce Department would extend the Huawei licensing process for three months as a gesture of “good faith” amid broader trade negotiations with China.
Earlier this year, Huawei was swept int to a trade war between the US and China, which has seen punitive tariffs slapped on billions of dollars worth of two-way trade.