Trump
‘allows’ Huawei to buy some ‘non-national security’ tech…
if China buys more US farm produce
Following the much-anticipated Xi-Trump meeting which focused on resolving the ongoing trade conflict between the world’s largest economies and tensions around Huawei, Trump noted that he “agreed not to increase the already existing Tariffs that we charge China while we continue to negotiate.”
“We
have opened up negotiations,” Trump boasted about the first
progress since the last round of talks broke down in May.
Tariffs are a ‘tax’ on American consumers: Ron Paul issues biting rebuke of Trump’s trade wars
Throughout
the course of the negotiations, the US has been pressing China to buy
more American products, in particular agricultural goods, to reduce
the ‘unfair’ trade imbalance. Beijing, for its part, has been
calling Trump’s protectionist policies, and tariffs he imposed on
$250 billion worth of Chinese goods, as detrimental to both sides and
global trade stability – but vowed a mirror response to any sanctio
While the Chinese giant has been allowed to continue buying American components, Trump said nothing about letting Huawei sell its products to US, as the company remains blacklisted under the pretext of ‘national security’ threat. Huawei has repeatedly denounced the pressure and accusations of spying as a desperate attempt by Washington to preserve its fleeting dominance over global telecommunications lines.
https://www.zerohedge.com/news/2019-06-29/ceasefire-us-china-trade-talks-back-track-after-trump-concedes-huawei?fbclid=IwAR13tgGTvuzYeKJhGHTLrKY7ai3O2w6Z0CWjWCkeS-1kNiP7pJScOo1dfQk
RT,
29 June, 2019
President
Trump has allowed China’s Huawei to continue business with US tech
giants – limited and with strings attached – following his
“better than expected” talks with Chinese counterpart Xi Jinping.
China
has agreed to purchase “large
amounts of agricultural product from our great Farmers” in
return for his concessions on Huawei, the US president said,
admitting that US big tech was lobbying for the lifting of the ban.
At the request of our High Tech companies, and President Xi, I agreed to allow Chinese company Huawei to buy product from them which will not impact our National Security.
Following the much-anticipated Xi-Trump meeting which focused on resolving the ongoing trade conflict between the world’s largest economies and tensions around Huawei, Trump noted that he “agreed not to increase the already existing Tariffs that we charge China while we continue to negotiate.”
Tariffs are a ‘tax’ on American consumers: Ron Paul issues biting rebuke of Trump’s trade wars
While the Chinese giant has been allowed to continue buying American components, Trump said nothing about letting Huawei sell its products to US, as the company remains blacklisted under the pretext of ‘national security’ threat. Huawei has repeatedly denounced the pressure and accusations of spying as a desperate attempt by Washington to preserve its fleeting dominance over global telecommunications lines.
https://www.zerohedge.com/news/2019-06-29/ceasefire-us-china-trade-talks-back-track-after-trump-concedes-huawei?fbclid=IwAR13tgGTvuzYeKJhGHTLrKY7ai3O2w6Z0CWjWCkeS-1kNiP7pJScOo1dfQk
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