US eases curbs on Huawei; ban downplays firm's strength, says CEO

Huawei founder Ren Zhengfei on Tuesday downplayed the impact of the US executive order against his firm

US officials have issued a 90-day reprieve on their ban on dealing with Chinese tech giant Huawei, saying breathing space was needed to avoid huge disruption.

A Commerce Department filing said the delay does not change the ban imposed by US President Donald Trump on national security grounds, an action with major implications for US and Chinese technology firms. Instead, it grants a temporary license that will allow Huawei to continue doing business with American firms.

“The Temporary General License grants operators time to make other arrangements and (gives) the Department space to determine the appropriate long term measures for