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HomeBusiness NewsU.S. President Trump does not want to do business with China’s Huawei

U.S. President Trump does not want to do business with China’s Huawei

WASHINGTON (Reuters) – U.S. President Donald Trump on Sunday said he did not want the United States to do business with China’s Huawei even as the administration weighs whether to extend a grace period for the company.

Reuters and other media outlets reported on Friday that the U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies Co Ltd [HWT.UL] that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, citing two sources familiar with the situation.

Reporting by Michelle Price; Editing by Lisa Shumaker