The Wall Street Journal quoted sources on Thursday (11th) as US Treasury Secretary Steven Mnuchin recently called on US companies to continue supplying products to Huawei.

The report said that the practice reflects the White House’s relaxation of its tough stance on Huawei. However, Washington officials have yet to agree on the US position on Huawei and become a stumbling block for trade negotiations between Washington and China.

When US President Trump (Donald Trump) attended the G20 summit in Osaka at the end of June, he held talks with Chinese President Xi Jinping and announced that he would allow US companies to sell products to Huawei. Commerce Minister Wilbur Ross said on Tuesday that if the national security does not pose a threat, the Ministry of Commerce will grant US companies a license to supply Chinese telecommunications equipment supplier Huawei.

Sign Up for Our Newsletters

Get notified of important news and special executive deals.

You May Also Like

Second quarter global smartphone shipments Samsung maintains first Huawei ranked second

According to market research firm Strategy Analytics, global smartphone shipments fell 3%…


VIII INTERNATIONAL INVESTORS СONGRESS International Investors Congress 2021 will start this spring…

Hujan Asset Management leads distinctive social-preneurial investment agent by sponsoring WWLC empowerment by Ayla & Associates

The World Women Leading Change empowerment movement has been going for a…

Why Investing in Cryptocurrency Creates Bad Habits

When we talk about crypto you are quite negative. I like scientific…