Saturday 29 June 2019

Trump says U.S. can sell to Huawei again after truce reached in trade war

U.S. President Donald Trump and his Chinese counterpart Xi Jinping called a truce to the trade war between the U.S. and China at the G20 summit in Japan. And as we suspected all along, Huawei was used as a bargaining chip. Bloomberg reports that the U.S. got favorable terms on a deal that will see China buy "tremendous" amounts of U.S. agricultural products according to Trump. And in return, the president said, " U.S. companies can sell their equipment to Huawei. We're talking about equipment where there's no great national security problem with it."

If this statement ...

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