Trump Caves To The Chinese And Allows US Firms To Deal With Huawei
It appears that President Donald Trump who was talking a good game about going after Huawei has appeared to cave “big league” to the Chinese at the G20 summit. Here’s the details:
US President Donald Trump has appeared to soften his tone on Chinese communications giant Huawei, suggesting that he would allow the company to once again purchase U.S. technology. Speaking at a press conference in Osaka, Saturday, Trump said that the U.S. sells a “tremendous amount of product” to Huawei. “That’s okay, we will keep selling that product,” said Trump. “The (U.S.) companies were not exactly happy that they couldn’t sell.”
Now it isn’t a lifting of the ban that Trump signed, but it really is going to throw Huawei a lifeline. But more importantly, Trump has really made himself look stupid in his rather desperate attempt to get some sort of trade deal with China which is what I think this is all about. He’s effectively taken Huawei from being the devil incarnate to being perfectly fine to do business with. If he walks back all the security claims too, then his credibility which is already in shambles, will take a hit that he will not recover from with just a year to go before a presidential election.
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