The G20 summit was held in Japan today, during which US President Donald Trump met with Chinese President Xi Jinping. After its meeting, Trump announced that the two countries would resume trade talks and the US will bend the implementation of new tariff indefinitely.
They also indicated that American companies will be allowed to resume the sale of Huawei, although it is unclear when or how it will happen.
In May, Trump signed an executive order, which allowed the U.S. government to block sales by American companies for foreign companies, as a security risk. It is not immediately clear whether - - or if any, steps have been taken to remove the restriction on the sale of this troubled Chinese technology company.
According to The Washington Post, Trump told reporters that he will meet with US officials to reduce pressure on Huwai, but also that he has not yet made a formal decision to raise them, while The Wall Street Journal It is reported that he indicated that the two countries would abandon what they had with the company till the end of the conversation.
Huawei is stuck between the US-China trade war. While the two countries have imposed a tariff against each other, American security officials have warned about the possibility that the telecommunications company maintains relations with the Chinese government and can represent a security threat to the United States.
The Trump executive order prompted an immediate headache for Huawei: Google pulled the company's Android license, chip makers discontinued supply of parts, Microsoft stopped selling Huawei laptops, and the company used MicroSD The card will not be allowed to use.
China has reportedly planned to put a condition for returning Huawei's return to the bargaining table. Last month, Trump indicated (the US Treasury Secretary Steven Mancini confirmed in June) that the US could lift the ban against the company, provided that the US sees some further movement on trade negotiations, essentially indicating that The order is to reduce the security with the national security and more as a negotiating strategy. Countries will reportedly resume talks soon, and, perhaps, how the US handles a central part of that discussion
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