WASHINGTON — The Trump administration is following through with plans to allow American companies to continue doing business with Huawei, the Chinese telecom equipment giant, just weeks after placing the company on a Commerce Department blacklist. On Tuesday, Commerce Secretary Wilbur Ross said the administration will issue licenses for American companies that want to do business with Huawei "where there is no threat to national security." And another top official suggested the move would allow chip makers to continue selling certain technology to Huawei. The comments confirm President Trump's surprise announcement last month, after a meeting with Chinese President Xi Jinping, that the United States would relax restrictions on Huawei as part of an effort to restart stalled trade talks with China. Weeks earlier, the Commerce Department said it had placed the company and its dozens of affiliates on a list of firms deemed a risk to national security, effectively barring it from buying American parts and technologies without seeking United States government approval. Larry Kudlow, the director of the White House National Economic Council, said at a CNBC event on Tuesday that the United States has "opened the door — relaxed a bit, the licensing requirements from the Commerce… Read full this story
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