US President Donald Trump has lifted the ban of tech giant Huawei Technologies Co. after he resumed trade talks with Chinese President Xi Jinping, saying he will allow the company to buy products from US suppliers.
According to a report by Bloomberg, Trump said in a news conference in Osaka Japan that they agreed to pause the trade war between their respective countries and that US companies can sell their equipment to Huawei.
He said: “We’re talking about equipment where there’s no great national security problem with it.”
“I said that’s O.K., that we will keep selling that product, these are American companies that make these products. That’s very complex, by the way. I’ve agreed to allow them to continue to sell that product so that American companies will continue,” said the US president.
It can be remembered that Huawei was included in the blacklist of the US Commerce Department last month which bans the Chinese company from buying parts and components from US companies without approval from the US government.
The issue escalated from a global campaign to block Huawei from so-called 5G communications networks due to ‘security threat’ alleging the Chinese government of using Huawei products for spying.
(Photo source: nytimes.com/ forbes.com)