The US said it would grant licences allowing companies to export goods to Huawei but won’t remove the Chinese firm an export blacklist, as talks between the world’s two biggest economies resumed.
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US President Donald Trump said he eased restrictions on China’s most prominent technology company as part of a trade truce with Beijing.
Presidents and other world leaders and political figures who use Twitter to threaten or abuse others could find their tweets slapped with warning labels.
The US is blacklisting five Chinese organisations involved in supercomputing, calling them national security threats and cutting them off from critical US technology.
Dell Technologies, HP, Intel and Microsoft are joining forces to oppose US President Donald Trump’s proposed tariffs on laptop computers and tablets among $300-billion in Chinese goods targeted for duties.
Apple has urged the Trump administration not to proceed with tariffs of as much as 25% on a new slate of products imported from China, saying it would reduce the company’s contribution to the US economy.
Huawei founder Ren Zhengfei expects US sanctions to curtail its revenue by about $30-billion over the coming two years, wiping out its growth by withholding critical American technology.
As Huawei comes under unrelenting pressure from the Trump administration, it has one advantage that the US can’t undermine: a vast, global portfolio of patents on critical technology.
Huawei Technologies knows it’s not an easy time to engage with the company. But those who do will be rewarded, said global vice president of marketing insights Andrew Williamson in an interview.