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US president cancels ban on Huawei
US President Donald Trump canceled the US ban on Huawei phones to allow US companies to deal with the Chinese company.
The US Commerce Department announced it had added HuaweiTechnologies and 70 affiliated companies to its "list of entities" in a move that would prevent the company from acquiring components and technology from US companies without government approval.
" The Chinese believe that they are capable of doing something that no one can do (fifth generation 5G technologies) and we have similar production in Silicon Valley in California, and we will continue, " Trumpsaid after talks with the Chinese president on the sidelines of the G20 summit in Osaka, Japan. In the production and sale of those phones (Huawei) and I have no problems with companies that have a marketing capacity. "
On the other hand, Trump announcedThat his country would not impose new duties on China, but added that his administration will not cancel the previous fees, saying he is ready to proceed with negotiations with China, which he described as "has a real desire to reach an agreement with us." Trump
stressed the importance of imposing tariffs and said: Unfair past business practices were exporting nearly $ 500 billion from the US economy, which is causing the US trade deficit with China. Count
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