U.S. Holds Off on Huawei Licenses as China Halts Crop-Buying
- China stopped U.S. farming purchases after new tariff threat
- Trump said he’d ease Huawei restrictions before tensions rose
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The White House is holding off on a decision about licenses for U.S. companies to restart business with Huawei Technologies Co. after Beijing said it was halting purchases of U.S. farming goods, according to people familiar with the matter.
Commerce Secretary Wilbur Ross, whose department has vetted the applications to resume sales, said last week he’s received 50 requests and that a decision on them was pending. American businesses require a special license to supply goods to Huawei after the U.S. added the Chinese telecommunications giant to a trade blacklist in May over national-security concerns.