The U.S. Commerce Department is expected to grant Huawei a 90-day extension that permits the Chinese technology firm to buy supplies from U.S. companies, two sources familiar with the situation told Reuters. The reason behind the extension is so that Huawei can service existing customers. The agreement, which was set to lapse on Aug. 19, will allow Huawei to maintain existing telecommunications networks and provide software updates to Huawei handsets. The U.S. blacklisted Huawei earlier this year, alleging the company could potentially harm U.S. national security and foreign policy interests. Reuters reports that the decision to grant Huawei the temporary reprieve could change by Monday. President Trump and Chinese President Xi Jinping are expected to discuss the firm, which has become a major factor in the ongoing trade war between Beijing and Washington, in a call this weekend.
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