News

Trump might ease restriction on Huawei if he gets comfort from China: U.S. Treasury Secretary

Trump said that he can include Huawei as a part of US-China trade deal and revealed the true intentions behind banning the company, as recently U.S. Treasury Secretary Steven Mnuchin also gave a similar statement.

Trump’s acting budget official wants the US to postpone Huawei restrictions

Mnuchin said on Sunday that President Donald Trump might ease restrictions on Huawei if there was progress in the trade row with China – but absent a deal, Washington would maintain tariffs to cut its deficit, reported Reuters.

“I think what the president is saying is, if we move forward on trade, that perhaps he’ll be willing to do certain things on Huawei if he gets comfort from China on that and certain guarantees,” said Mnuchin. “But these are national security issues.”

Similar to the US president, Mnuchin has repeated his double-sided intent about the Chinese telecom giant: On one hand, he says that Huawei was a threat to U.S. national security, and on the other hand, that the US would be willing to consider easing some of its restrictions on the company inside the trade deal with China.

“If China wants to move forward with the deal, we’re prepared to move forward on the terms we’ve done. If China doesn’t want to move forward, then President Trump is perfectly happy to move forward with tariffs to rebalance the relationship,” Mnuchin said.

In May, Washington has put restrictions on Huawei that bars the company from doing business with American firms, saying that the company can use its equipment for espionage and controlled by the Chinese government but Huawei has continuously denied these claims.



Comments

Popular

To Top