White House: Trade Agreement with China Not Close

If the security conscious Senators get their way, Huawei would still remain an enemy of the state and the world will return to the political purgatory which has dominated the headlines for the last 12 months.

Less than 24 hours later after US President Donald Trump withdrew restrictions on Huawei, Google has been given the nod to give Huawei the Android license back. They're arguing that not all exports to Huawei and its affiliates pose a security risk and that much of what's sold there is easily replaceable with non-U.S. products.

However, he did not say which USA firms could resume supplying Huawei.

OLED display panel maker BOE Technology Group (000725.SZ) and Shenzhen Goodix Technology (603160.SS), a maker of fingerprint sensors, climbed 10% to their daily limit.

He was referring to suppliers including contract chipmaker Taiwan Semiconductor Manufacturing Co. It "will wait for guidance from the Department of Commerce", which implemented the Trump administration's restrictions, Reuters reported. "Businesses don't like uncertainty, and this prolongs the uncertainty", said deLisle. These devices will also be able to run Google services.

Asked about the developments at a daily press briefing on Monday, a spokesman for China's Foreign Affairs ministry said during the meeting between Mr Trump and Chinese President Xi Jinping on the sidelines of the G20, the issues of "coordination, cooperation and stability" were of the utmost importance. "Donald Trump suggests he would allow #Huawei to once again purchase US technology!"

All that talk about Huawei being stricken from using Google's Android operating system?

The Trump administration hasn't said whether it will remove Huawei from the blacklist, or indicated any specific time frame for considering such a move.

He noted that the U.S. Commerce Department would evaluate in the next few days whether to take Huawei off its entity list. Last year, Trump banned business with the Chinese telecom company ZTE, and Rubio cheered as both cited persistent national security threats originating from Beijing. "Huawei will remain on the so-called entity list where there are serious export controls and in national security inferences or suggestions there won't be any licenses".

White House economic adviser Larry Kudlow said in two United States television programs on Sunday that Huawei will remain on the U.S. blacklist, and "what's happening now is simply a loosening up for general merchandise", such as chips and software generally available around the world, but not products considered to have national security sensitivity, the Associated Press reported.

  • Arturo Norris