Trump lifts some restrictions on Chinese telecommunications firm Huawei
US President Donald J. Trump agreed on June 29 to lift some restrictions on Chinese telecommunications giant Huawei and delay imposing new tariffs on Chinese goods. These concessions were announced following a meeting between Trump and Chinese President Xi Jinping on the sidelines of the G20 summit in Osaka, Japan, at which the two leaders agreed to restart trade negotiations between their countries.
“Frankly, this was all fairly predictable,” said Mark Linscott, a senior fellow with the Atlantic Council’s South Asia Center and a former assistant US trade representative (USTR) for South and Central Asian Affairs.
“The two sides had already made progress before and intensifying the war is in neither side’s interest,” Linscott said, adding, “At this point, it seems a lot easier to impose tariffs than to lift them, so avoiding new ones makes a lot of sense, particularly to allow...