Huawei allowed to buy American again, for boring kit

By on
Huawei allowed to buy American again, for boring kit

President Donald Trump' has decided to allow expanded sales of U.S. technology supplies to Chinese telecommunications giant Huawei, but the decision will only apply to products widely available around the world and leave the most sensitive equipment off limits, a top White House aide said on Sunday.

"All that is going to happen is Commerce will grant some additional licenses where there is a general availability" of the parts the company needs, National Economic Council chairman Larry Kudlow said on "Fox News Sunday."

U.S. microchip firms in particular "are selling products that are widely available from other countries ... This not a general amnesty ... The national security concerns will remain paramount," he said.

The partial lifting of restrictions on Huawei was a key element of the agreement reached over the weekend between President Donald Trump and Chinese President Xi Jinping to reopen stalled trade negotiations between the two countries.

Huawei, the world's biggest telecommunications equipment maker and No.2 smartphone maker, denies its products pose a security threat. Kudlow said that designation would remain, that broader concerns about Huawei will be part of the renewed trade discussions and that the agreement to resume sales to the company "is not the last word."

(Reporting by Howard Schneider; Editing by Phil Berlowitz)

Got a news tip for our journalists? Share it with us anonymously here.

Most Read Articles

Log In

  |  Forgot your password?