U.S. officials said Monday they would grant a handful of temporary exceptions to an export blacklist against Huawei Technologies Co., giving some suppliers and customers of China’s telecom giant a 90-day reprieve from tough trade penalties. In an order scheduled to be published on Wednesday, the Commerce Department said it would grant a temporary license for U.S. exports to Huawei and dozens of its affiliates. The U.S. announced the blacklist order last week on grounds that Huawei was a national security threat.

Source: Wall Street Journal May 21, 2019 00:00 UTC