Quick hits: October 2019

1. Huawei gets another 90 days of extension of the provisional suspension requested by Trump. In May, the news of Huawei’s inclusion in the black list of companies dangerous to national security by the US government has generated havoc throughout the global technology sector, even if the direct consequences of this decision have been halted immediately from the 90-day suspension of the implementation of the ban. Arrived in the second half of August, the planned period is about to expire, but in sight there seems to be a further extension of 90 days.

This was revealed by Reuters who, citing sources deemed reliable, claims that the United States would be close to announcing the extension of this period of suspension of the ban inflicted on Huawei, allowing the Chinese manufacturer to continue to do business with American partners and suppliers for others 3 months.

This would guarantee a further breath of oxygen to Huawei, as well as to American companies, which otherwise would have risked losing a trade partner of the caliber of the Chinese giant in a few days, making waste paper million-dollar agreements for the supply of technological components.

Moreover, this possible new extension would give more time to the US and Chinese governments to start a negotiation that avoids negative consequences for both countries, even if the situation is framed in the wider war of duties that the two superpowers have been fighting for months, exacerbating the Animate on both sides. However, we await an official confirmation, without which it is not possible to launch further analyzes and forecasts about the future.