President Donald Trump, today showed a softer approach to trade war with China when allowing US companies to sell equipment to Huawei. “US companies can sell their equipment to Huawei.
“We are talking about equipment. No big country has security problem with him, “Trump told reporters in Osaka hours after a new tariff agreement with President Xi Jinping.
It can not be ascertained whether Trump’s statement marked a material change in the stand against Huawei, which basically prohibited access to important U.S. technology or operate in the country’s market for national security reasons.
US fears Huawei’s developed system, world leader in telecom network equipment and second-hand smartphone provider, can be used by Beijing to spy on secretly developed backdoor security systems in mobile phones.
Huawei deny hard and said the US has never given anything to prove it.
In May, Washington put Huawei into a company list of entities prohibited from receiving components made in US without government permission.
The Trump’s clear statement did not show any change from existing practice.
But it can be read by the financial market as a positive indicator that its administration may be open to negotiating Huawei as bilateral trade negotiations are connected.