US reportedly plans to grant licenses for firms to sell goods to blacklisted Huawei

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US reportedly plans to grant licenses for firms to sell goods to blacklisted Huawei
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The New York Times reported President Trump gave the green light for licenses to American firms to sell goods to Huawei. The Chinese firm is sat on a U.S. blacklist and these licenses are required for American companies to do business with it.

The U.S. government plans to soon issue licenses to American companies to sell certain goods to Chinese technology giant Huawei, the New York Times reported, citing unnamed sources.But Trump's administration has reportedly given the green light to issue licenses so companies can sell nonsensitive goods to Huawei.The U.S.

government plans to soon issue licenses to American companies to sell certain goods to Chinese technology giant Huawei, theThe U.S. blacklisted the world's largest telecom-equipment maker earlier this year, and restricted Huawei from doing businesses with American companies. Huawei has been accused of being a national security risk by Washington, which alleged that its equipment could be used to funnel data back to Beijing. The Chinese firm has repeatedly denied those allegations.

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