U.S. to extend Huawei license for 90 days; Trump cites security 'threat'

The Commerce Department will allow U.S. companies to sell to Chinese telecom giant Huawei for another 90 days even though the company remains on the Bureau of Industry and Security’s Entity List -- and as President Trump reiterated his belief that the firm is a “national security threat.”

Huawei was put on the Entity List in May, meaning U.S. companies could not sell to it without receiving an export license from Commerce. Commerce issued a 90-day general license shortly thereafter....