// NEWS // Trump Allows Huawei to Resume its Exchanges with American Companies

in #news5 years ago

Following his meeting with Chinese President Xi Jinping, US President Donald Trump announced the freezing of planned customs duty increases, as well as a relaxation of Huawei's situation.

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Would Huawei see the end of the tunnel coming?

In any case, this is what American President Donald Trump gave hope at the end of his meeting with Chinese President Xi Jingping on Saturday 29 June at the G20.

During this 80-minute bilateral meeting, the authorities of the two countries put their differences on the table, particularly with regard to the increase in customs duties.

In the middle of this discussion where Trump agreed to back down on the threats of tariff increases and one company received particular attention: Huawei.

According to the Wall Street Journal, Mr Trump wanted the situation of the Chinese electronics giant to be clearly brought to the table during the negotiations, adding that his team wanted the specific discussions around the company to be separated from the current global agreements.

At the end of the meeting, the US government announced that the "ceasefire" agreement between China and the US on customs duties allowed Huawei to resume purchasing certain US technologies, without giving any further details.

While it is known that many American companies such as Intel continue to sell products to Huawei, the relaxation of the American position should allow the Chinese mastodon to breathe a little easier until the details of such an agreement are discussed and made public, it is, despite its far-reaching r&d, still very dependent on American technologies.

In all likelihood, the Trump administration should allow companies such as Google and Intel to continue doing business with Huawei, which should "save" the company in the field of consumer products.

But unknowns remain around 5G technologies, the heart of what the US considers to be a "threat to internal security".

Source : Wall Street Journal

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