Economics
U.S. to Ease Huawei Sanctions for Another 90 Days, Ross Says
- Gesture seen as encouraging long-awaited trade pact with China
- U.S. and Chinese leaders to talk over their differences soon
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The U.S. will extend for another 90 days a limited set of exemptions that had protected rural networks and other U.S. customers from a ban on doing business with China’s Huawei Technologies Co., Commerce Secretary Wilbur Ross said Monday.