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Trump Reveals US Companies will Be Allowed to Sell to Huawei

BEIJING/WASHINGTON – US president Donald Trump and his Chinese counterpart Xi Jinping agreed on a new ceasefire on Saturday during a one-year trade war between the United States and China during their meeting at the G20 conference in Japan, The Independent reported Saturday.
Trump said he had agreed with the Chinese president that the United States would refrain from raising tariffs on imports from China, while Beijing would buy more US agricultural products.
“We stick to the tariffs and they will buy agricultural products,” Trump told a news conference after a two-day summit in Osaka, saying relations were “back on rails”.
Trump also said that US companies could once again sell their products to Chinese tech giant Huawei after an effective ban put in place in May.
“We send and sell to Huawei a huge amount of products that make up its products,” he said.
“I said,” It’s good that we continue to sell this product. “I agreed to allow them to continue selling this product so that American companies can continue.”
When asked if Huawei would be officially removed from the list of companies deemed detrimental to US national security by the US Department of Commerce, Trump said this issue would be debated at the “end” of negotiations commercial. “We do not discuss it with President Xi yet,” he said.
Xinhua news confirmed that the leaders had agreed on the resumption of blocked trade talks and on the fact that the United States would delay the imposition of new tariffs on Chinese products.
After taking pictures with his counterpart on the sidelines of the G20, Xi recounted the era of “ping pong diplomacy” that helped revive US-China relations two generations ago.
Since then, “a fundamental fact remains unchanged: China and the United States enjoy both cooperation and lose in confrontation … Cooperation and dialogue are better than friction and confrontation.”
The two countries are fighting over accusations by the Trump administration that Beijing will steal technology and force foreign companies to disclose trade secrets. China denies having such practices.
The United States has also tried to convince other countries to prevent Huawei from preventing the emergence of the next generation of 5G systems, claiming that the company poses a threat to national security and prevents it from buying American technology before the announcement of Mr. Trump on Saturday.
Under the recently agreed ceasefire scenario, existing tariffs and counter-tariffs on a large number of individual products would remain in place. But no additional import tax would take effect. US and Chinese officials would have time to resume talks that stalled last month.
Trump said the talks with Xi had “probably gone even better than expected” and said the leaders had “excellent relations”.
(Sahar News Monitoring Desk)

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