Where Your Speech Is Free And Your Comment Is King - Post A Link

THE NEWS COMMENTER

Screenshot Reuters.com
VOTE  (0)  (0)

Trump says 'dangerous' Huawei could be included in U.S.-China trade deal


Added 05-24-19 03:03:01am EST - “President Donald Trump said on Thursday U.S. complaints against Huawei Technolog...” - Reuters.com

CLICK TO SHARE

Posted By TheNewsCommenter: From Reuters.com: “Trump says 'dangerous' Huawei could be included in U.S.-China trade...”. Below is an excerpt from the article.

WASHINGTON/BEIJING (Reuters) - President Donald Trump said on Thursday U.S. complaints against Huawei Technologies Co Ltd might be resolved within the framework of a U.S.-China trade deal, while at the same time calling the Chinese telecommunications giant “very dangerous.”

Washington last week effectively banned U.S. firms from doing business with Huawei, the world’s largest telecoms network gear maker, citing national security concerns.

“You look at what they’ve done from a security standpoint, from a military standpoint, it’s very dangerous,” Trump said in remarks at the White House. “If we made a deal, I could imagine Huawei being possibly included in some form or some part of it.”

Trump predicted a swift end to the trade war with China, although no high-level talks have been scheduled between the two countries since the last round of negotiations ended in Washington two weeks ago.

Shares of S&P technology and industrial companies, bellwethers of trade sentiment, fell more than 2% on Thursday as the market slumped in a sign the conflict was being seen as a battle not just over trade but also about who controls global technology.

Read more...

Post a comment.

CLICK TO SHARE

BACK TO THE HOME-PAGE