Only a Few news manage to cause such a huge media stir internationally as was caused by the US ban on Huawei. Surely we do not have to freshen your memories too much since it's not that old of a news, making cover stories since the last May 20; with all the consequences, from the prohibition of using Google's Android OS to the use of the ARM architecture.
Losses to Huawei have been in millions. Falls in sales, loss of confidence, words were being questioned, fall in credibility ... And now, after almost a month and a half of Huawei entering US commercial blacklist, Trump has agreed that the trade ban should arrive to its end.
A stormy meeting was expected at the current G20 summit. During a group photo, while all the leaders were posing as a group for posterity, a certain rapprochement was already glimpsed between Xi Jinping, president of China, and Donald Trump, his counterpart from the United States. Xi approached Trump in order to strengthen commercial ties. And it seems that the gesture has taken an effect as both countries decide to bury the hatchet for good. Here's what Trump said.
"These are American companies producing the products. This is complex ... highly scientific. We are the only one with the technology. I have agreed to allow them to continue selling the products … I like our companies selling things to others ... very complex things. These are not things easy to make ... our companies were very upset, but we are allowing them. So if it is not a national security issue, we are allowing them to sell."
In spite of everything, we would still have to wait for at least a few weeks while measures are made concrete for American companies to continue doing business with Huawei. as Trump also mentioned that further discussions on the trade agreement will be conducted a bit later.
"We are leaving Huawei towards the end. We are going to see what we go with the trade agreement."
There were many political and financial analysts who pointed out that Trump's reluctance to allow Huawei to operate was not so much for espionage as for the trade deficit between the two countries. The United States spent way much more on Chinese products than China was spending on American products.
Once a satisfactory commercial agreement is reached for both parties, it seems that there will be no tariffs in any direction and, in addition, the United States would lift the ban on Huawei, so that companies such as Google, IBM and Microsoft will be able to continue to do business with the Chinese giant.
