President Donald Trump last month agreed to give "timely licensing decisions" to allow a slew of tech companies including Google and Broadcom to sell to the Chinese telecom giant.
But the latest escalation in the trade war made the administration reconsider the move, Bloomberg News said, citing people familiar with the matter.President Donald Trump speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, D.C., U.S., on Wednesday, Aug. 7, 2019.The U.S. is putting its decision to relieve Huawei on hold after China suspended its purchase of U.S.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Huawei security chief: We pose no greater risk to US than any other foreign telecom companyAndy Purdy says the U.S. government should implement risk mitigation programs for Huawei like it does for Nokia and Ericsson. Ha they would say that Allegedly, some rooms in their US operations are exclusive for Chinese citizens and US citizens are not permitted...
Source: CNBC - 🏆 12. / 72 Read more »
White House to Move Forward With Ban on U.S. Government Business With HuaweiThe White House will start implementing provisions of a law that bans the U.S. government from doing business with Huawei Technologies, moving ahead with restrictions despite Huawei’s court challenge. Talpiot Huawei is literally built on stolen US technology. The Chinese steal all IP we have an make it cheaper Each Government uses the weapons they have while the USA increases tariffs for products imported from China, the other side responds by devaluing the currency and leaving its export trade more attractive.
Source: WSJ - 🏆 98. / 63 Read more »