White House invites US biggest Tech companies to discuss Huawei

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The White House invited many of the US’s biggest technology companies to discuss economic issues including a possible resumption of sales to Huawei. USchina FMTnews

Trump and senior administration officials met with CEOs from Alphabet Inc.’s Google, Broadcom Inc., Cisco Systems Inc., Intel Corp., Micron Technology Inc., Western Digital Corp. and Qualcomm Inc., according to White House spokesman Judd Deere.

The moves, which followed a meeting between Trump and China’s Xi Jinping in Japan late last month, are meant to clear the way for a trip to China by US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin as soon as next week. Trump will very likely face backlash from Congress if he chooses to allow shipments to the Chinese telecoms giant, especially after the Washington Post Monday reported that the company helped build North Korea’s 3G network in a potential violation of US export control laws.

Many of the components they supply to Huawei can be easily obtained from companies elsewhere and jeopardising their access to their biggest market risks cutting them off from revenue that’s vital to investing in their ability to maintain the US’s lead in semiconductors, they’ve argued. Chinese companies, meanwhile, have begun asking US exporters about buying agricultural products and also applied for exemptions from China’s retaliatory tariffs on the goods, state-run Xinhua News Agency reported Sunday.

 

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