The U.S. Department of Commerce has issued Huawei with a three-month extension which will allow the company to do business with U.S. companies. The license still only allows limited business.
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In an interesting development, Microsoft President Brad Smith has said that Huawei is being treated unfairly by the U.S.; he believes the Chinese firm should be allowed to purchase U.S. tech freely.
According to two sources familiar with the matter, the US is expected to continue to grant licenses to companies that sell components to the Chinese firm for an additional 90 days.
Yesterday, US President Donald Trump stated that Huawei could now purchase products from US suppliers again. However, it has now been clarified that this doesn't apply to all goods as of yet.
As per US President Trump's statement at the G20 summit, Huawei will now be allowed to purchase from US tech companies. This news comes following the effective US ban on Huawei over a month ago.