Lack of clarity on what U.S. firms can supply to Huawei is likely to cast a shadow over this week’s U.S.-China trade negotiations in Shanghai by alexalper
WASHINGTON - A month after President Donald Trump said he would allow U.S. companies to resume selling to blacklisted Chinese telecommunications giant Huawei HWT.UL, his administration has done little to clarify what sales will be permitted.
Trump had pledged to allow the sales as a goodwill gesture to President Xi Jinping when the two met last month and agreed to restart talks to try to resolve their year-long trade war. China, for its part, agreed to restart large-scale agricultural purchases. “At this stage, there is mass confusion,” said William Reinsch, a former Commerce official, adding that the plan for case-by-case decisions “maximizes the uncertainty.”
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