Trump Includes Huawei In Trade Deal, China Lodges Solemn Representation With U.S.

Huawei vs US
A 3D printed Huawei logo is placed on glass above displayed U.S. flag in this illustration taken January 29, 2019. (Photo: HUAWEI-USA/CAMPAIGN REUTERS/Dado Ruvic/Illustration/File Photo)

United States President Donald Trump confirmed in an interview that Huawei Technologies could be part of the trade deal with China.

The Asian nation lodges "solemn representations" with the United States following the latter's decision to ban the Chinese telecoms equipment maker from purchasing United States tech supplies.

The Trump administration claims that the Chinese tech firm is a risk to national security and not a trade concern. The White House is now reversing its position by incorporating the company into negotiations with China.

Recently, Trump commented that Huawei is something that's very dangerous if you look at it from a security standpoint. He said that he could imagine Huawei possibly included in some form of or some part a trade deal.

There has been no news of new rounds of talks between China and the United States since the last round on May 10. The United States president decided to raise the tariffs on $200 billion worth of Chinese goods and impose additional duties on almost all Chinese imports after the failed talks. China retaliated by increasing tariffs to American imports.

The trade friction between the two nations escalated after the United States president decided to ban Huawei from purchasing supplies from American firms. Gao Feng, the spokesperson of China's commerce ministry, said at a weekly briefing in Beijing that China has lodged solemn representations after the United States imposed the ban.

He added that the best response to the United States bullying is that Chinese firms continue to grow stronger. The spokesperson also said that the United States needs to correct its actions if it wants to continue negotiations with China. He emphasized that the trade talks need to be based on mutual respect.

Mr. Gao warned that the growing tension between China and the United States increases the risk of a global recession and he added that China takes steps necessary to safeguard Chinese firms' interests.

This week, the United States decided to grant Huawei the license to purchase United States goods until August 19 to minimize the effect of the trade war to the consumers. China, however, said that they can assure a steady supply of components without aid from the United States.

Mr. Gao added that if the US wants to continue to talk, it should show sincerity and correct its mistaken actions. He also said that only on the basis of equality and respect can the negotiations have the chance of continuing.

© 2019 Business Times All rights reserved. Do not reproduce without permission.
Sign Up for Newsletters and Alerts