US companies can sell their equipment to Huawei: Donald Trump

June 29, 2019 5:36 PM

US companies can sell their equipment to Huawei: Donald Trump

US President Donald Trump has said American companies could sell equipment to Chinese telecom giant Huawei, indicating a potentially softer position on a key sticking point in the US-China trade war. President Trump made this comment hours after sealing a tariff truce with Chinese President Xi Jinping. Talking to reporters in Osaka, Trump said they had discussed about equipment and there was no great national security problem figured in the talks.  It was not immediately clear whether Trump&...

US hikes tariff on imports from China

May 11, 2019 8:50 PM

US hikes tariff on imports from China

US President Donald Trump ordered a tariff hike on almost all imports from China after the latest round of talks to end the trade war between the world's two largest economies, ended yesterday without a deal. However, Beijing said the negotiations have not broken down and it is cautiously optimistic to reach an agreement.  Trump's latest move came less than a day after he ramped up punitive duties on  200 billion dollars worth of Chinese imports, raising them to 25 per cent fro...