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| Huawei Is Not Yet Welcome for Business in U.S. |
The trade war between the U.S. government and China remains to escalate, as Trump revealed that his administration will no longer have trade deals with China. The President also added that its much simpler to not do any business with the smartphone giant Huawei.
“We are not going to do business with Huawei, and I really made the decision. It’s much simpler not doing any business with Huawei. That doesn’t mean we won’t agree to something if and when we make a trade deal,” Trump explained.
Meanwhile, according to reports, the Commerce Department is still processing special licenses for U.S. companies to restart sales to Huawei. It is also said that Trump’s statement refers to only ban on the U.S government buying from the Chinese mobile maker.
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“We are talking to China, we are not ready to make a deal, but we’ll see what happens. China wants to do something, but I’m not doing anything yet. Twenty-five years of abuse. I’m not ready so fast,” Trump added.
In case you missed it, Trump blacklisted Huawei in May over national security concerns, but he lifted its ban in June. Hence, Google and Broadcomm were both given “timely licensing decisions” to sell their products to Huawei.
What can you say?
Source: CNBC