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Trump administration extends Huawei licence through May 15

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The Trump administration said on Tuesday it was extending a licence allowing US companies to continue doing business with China’s Huawei Technologies until May 15.The US Commerce Department has issued a series of extensions of the temporary licence and had previously extended it until April 1. Huawei, the second-largest maker of smartphones, is also a major telecoms equipment that provides 5G network technology.After adding Huawei to an economic blacklist in May citing national security…



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