قالب وردپرس درنا توس
Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ President Trump rolls back Huawei's ban, sort of

President Trump rolls back Huawei's ban, sort of



What happened? Chinese tech giant Huawei has had a tough situation after many countries have said that the company cannot play a role in national digital infrastructure projects. But only the United States has gone so far as to ban trade with the company more widely. It may change, given President Trump's remarks at the G20 summit this week.

World leaders are currently assembled at the G20 summit in Osaka, Japan, where heads of state apparently seek solutions to some of the major problems facing the international community. But on the sidelines there are discussions that focus more on bilateral problems. As far as the United States and China are concerned, the two countries are trying to navigate the ongoing trade war in which they are involved. Again would be able to do business with embattled tech giant Huawei, effectively overriding a ban introduced last month by the Department of Commerce.

During a press conference, President Trump said that "USA Companies can sell their equipment to Huawei. I am talking about equipment where there is no major national problem with it." He continued: "We have many good businesses in Silicon Valley and is based in different parts of the country, making extremely complex equipment ̵

1; we rent out the sellers to Huawei. "

This is interesting for a number of reasons. First, it does not say that US companies can buy from Huawei, as the President has only commented on one-way trade. But more importantly, Washington has previously said that Huawei is a threat to national security, so Trump must again make decisions against advice from its own administration.

Although it is unclear whether this is fully the return of the Ministry of Commerce's ban, if it is, this would be a rather massive US concession to China in the context of the ongoing trade dispute between the two nations.

Currently, there is no real detail on how this will work in practice, but we will be sure to follow the developments as they come.


Source link