Sun 30 June 2019:
Earlier today in a press conference after the G20 meeting in Tokyo, President Trump revealed an updated stance on Huawei. While it’s not a lifting of the blanket ban, it will significantly benefit the Chinese manufacturer.As part of the continuing trade negotiations, the issue of Huawei would be saved until the end of the trade talks, with President Trump saying, We’ll have to save that to the very end, we’ll have to see.”In other words, the question of lifting the ban on Huawei selling its products, which include smartphones, laptops and communications infrastructure technologies, to the U.S. has not been changed.
President Trump has appeared to soften his tone on Chinese communications giant Huawei, suggesting that he would allow the company to once again purchase US technology https://t.co/4YNJCyKLTg pic.twitter.com/jr45f40ghP
— CNN International (@cnni) June 29, 2019
The more interesting element was the next comment from the President.
You could almost hear the sighs of relief wafting across the oceans from the “incredible” Silicon Valley. It means that hardware components from companies such as Intel and Micron can know that they can continue to sell to Huawei.
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