Huawei plays down impact of new U.S. license extension

WASHINGTON: Huawei Technologies [HWT.UL] has dismissed a new 90-day extension by the Trump administration allowing U.S. firms to continue doing business with the Chinese company as making little difference, repeating that it was being unfairly treated.

U.S. regulators are crafting rules on telecommunications firms that pose national security risks. But after adding Huawei to an economic blacklist in May, the U.S. Commerce Department has allowed it to purchase some American-made goods.