Huawei has been handed a lifeline after U.S. President Donald Trump said that U.S. companies are allowed to trade goods with the Chinese company. The news also comes as a sigh of relief for Huawei users after months of uncertainty amidst the trade war.
It has been a pretty rocky past month for Huawei since the American government included them to the “entity list”, which forbids the U.S. companies to make deals with the Chinese communication giant. The culmination was pretty disastrous for Huawei and its users as many chip companies cut ties with it, while Google, who currently provides Android to their devices, was also forced to hold its relationship.
But now, the Trump administration has certainly lifted the ambivalent ban, at least according to the President’s comments after his meeting with Chinese President Xi Jinping at the G20 summit.
However, the company has not been fully withdrawn from the entity list. With that said, Trump did mention that further discussion regarding the trade agreement with Huawei will be done later. Until then things remain as it is.
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
There’s also some ongoing consideration to fully withdraw Huawei from the “entity list”. This means the company will be fully allowed to trade with US companies. However, this should come with Huawei-US trade deal. Trump said that he will be discussing this with the Commerce Department soon. Most likely Tuesday.
Although the meeting between the two presidents was done without any official agreement, Trump didn’t timid away from mentioning the earlier trade agreement between the US and ZTE and the steps it took:
Despite all the ongoing and upcoming discussion, Trump’s comment regarding this situation is good news for Google as well as Huawei users around the world.
