Business Insider reports that U.S. companies may get approval to start new sales to Huawei in two to four weeks.
Huawei was placed on an entity list in May.
The entity list prohibits U.S. companies from supplying it with new goods and services without a license.
President Trump recently met with Chinese president Xi Jinping.
President Donald Trump recently announced that American firms could sell products to Huawei after the meeting.