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Huawei founder expects no relief from US sanctions

Huawei founder, Ren Zhengfei, spoke to the Associated Press

Huawei

He also adds that he doesn’t want relief from US sanctions if it would require China to make concessions in a tariffs war, even if that means his daughter – who is under house arrest in Canada – faces a more prolonged legal battle.

With regards to yesterday’s announcement by the US on adding more of Huawei’s subsidiaries to the entity list, he says that:

“Whether the entity list is extended or not, that will not have a substantial impact on Huawei’s business. We can do well without relying on American companies.”

If there’s any takeaway from the message here is that China isn’t going to let up on fighting back against the US even if the sanctions and tariffs continue.
It goes without saying that the next plausible form of retaliation by China would be to limit US business opportunities in the country.
Anyway, the full interview above can be found here.

Trump promises tech CEOs quick decision on supplying Huawei

Donald Trump has promised major US companies his administration will
process their applications to supply Huawei quickly.

The president on Monday met with chief executives from seven large technology
companies, including microchip makers Qualcomm, Broadcom and
Micron, as well as Google, which sells its Android operating software
to Huawei for use on its smartphones.

According to the White House, the chief executives asked the president
to swiftly process their applications to export to Huawei, following
Mr Trump’s announcement that a ban on selling to the Chinese company
would be relaxed.

A spokesperson for Mr Trump said: “The CEOs expressed strong support
of the President’s policies, including national security restrictions
on United States telecom equipment purchases and sales to Huawei. They
requested timely licensing decisions from the Department of Commerce,
and the President agreed.”

Companies have been seeking clarity on US policy since Mr Trump
said the ban he previously announced would be eased, following a
meeting with Xi Jinping, the Chinese president.

Meanwhile the Trump administration has been urging companies to submit
applications since that decision, according to people briefed on the
situation, in the hope of pleasing Beijing amid US-China trade talks.

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