Posted on 06/29/2019 7:01:13 PM PDT by Zhang Fei
Chinese President Xi Jinping is expected to meet with President Trump on Saturday where he will lay out several demands, including the removal of Huawei from a U.S. blacklist, as part of a trade truce amid stalled talks, The Wall Street Journal reported Thursday.
Xi and Trump are slated to meet Saturday in Osaka, Japan, where both leaders will be attending the G-20 summit. Along with removing the ban on Huawei that restricts U.S. tech companies from selling to the Chinese tech giant, Beijing will also ask Washington to drop all tariffs along with the U.S.'s demand to buy more of its exports (on top of what was previously agreed upon), the Journal reported, citing Chinese officials with knowledge of the situation.
A Senior Administration Official, however, shot down the Journal report on Thursday, telling Fox News that there are no preconditions going into this weekend's meeting between Trump and Xi. The official said lifting the ban against the Chinese tech company will most likely not happen. As for tariffs, the U.S. may agree on pulling back on the newly proposed tariffs, although nothing is set in stone.
Xi isnt expected to take a confrontational tone, the Journal report stated, but rather lay out his ideal bilateral relationship between the two world powers. U.S. officials said they will go into the meeting seeing if their Chinese counterparts are willing to pick up trade talks from where they left off in April.
(Excerpt) Read more at foxbusiness.com ...
Interesting. Despite the fact that we know there are dozens of trapdoors in their networking software, we’re going to accept it anyway/
From reports I’ve seen Huwai is still on the blacklist (racist?) but Trump will make exceptions on a case-by-case basis when it doesn’t affect national security.
Noit a big deal, face saving though.
China will buy more ag goods and the tariffs will stay, but not be expanded for now.
Pretty much a ‘nothing burger’.
I wish Trump would clamp down harder now. 2020 Elections will make it hard for him to do so in a short while.
[Interesting. Despite the fact that we know there are dozens of trapdoors in their networking software, were going to accept it anyway/]
Trump actually said that a ban would probably be lifted for: “equipment where there’s no great national security problem with it.”
Also, Rubio said Congress were going to ban Huawei equipment via legislation.
This will be interesting on how it ultimately plays out. But i still wouldn’t trust Huawei.
Chinese fair trade:
America imports unlimited loads of PRC spy gear
China imports some rice
Case closed
I’d trust China at arms length, fortunately my arms are not nearly long enough!
No.
This is really a more complex issue than first thought.
I had read that some telecommunication providers in rural areas in the US are dependent on Huawei because of its cost advantage. It wouldnt have been cost effective for them to continue to provide service otherwise.
Besides, ...
U.S. Tech Companies Sidestep a Trump Ban, to Keep Selling to Huawei
https://www.nytimes.com/2019/06/25/technology/huawei-trump-ban-technology.html
US firms still selling to Huawei despite ban
https://www.businesstimes.com.sg/technology/us-firms-still-selling-to-huawei-despite-ban
U.S. tech firms continue sales to Huawei despite Trump administration ban
https://www.digitaltrends.com/news/us-tech-firms-continue-sales-to-huawei-despite-administration-ban/
The way to sell tariffs in the USA ..
25% tariff on world’s major polluters. Tell the left we’re penalizing them for not taking action against global warming and they’d all be for the tariffs.
I’ll add that China is a major polluter in the world. This would do a lot to offset the trade imbalance. Mexico is a major polluter too so we could justify the tariffs there too.
Instead of obama giving China 30 years to clean up their act. Make then start paying now.
*** This will be interesting on how it ultimately plays out. But i still wouldnt trust Huawei. ***
Huawei is developing its own OS plan B, dubbed Hongmeng in China and Ark outside it. But it’s also reportedly looking at a Russian-customized OS called Aurora that’s based on the Linux Sailfish OS from Finnish firm Jolla.
People I know outside the US are excited. Huawei gives a lot more bang for the buck from what I hear. Also, some folks resented the US asking their countries to ban Huawei.
"No on the ag. This is why I said really nothing was agreed to yesterday. The US submitted a list and China said they would look at increasing purchases. There was no actual agreement to do that though it got reported as such"
Great guy to followon twitter.
Also TrinH.
Huawei overseas smartphone sales down 40%, says founder
Read more at https://www.channelnewsasia.com/news/business/huawei-overseas-smartphone-sales-down-40-says-founder-11632852
This may be moot but worth noting:
Losing ARM is a disaster for Huawei. It can’t be replaced
https://www.wired.co.uk/article/arm-huawei-us-china-trade-war
Link to Trinh twitter:
https://twitter.com/Trinhnomics
It is all universally viewed as the ways of unfair competition on part of US. American equipment is always more expensive and often less capable. And as the concerns of the Chinese espionage are real it is US government and companies were caught spying both on own citizens and abroad.
You are misreporting this, whether you are doing it deliberately or not is unknown but I have my suspicions because what I read is that PARTS OF THE BAN have been lifted.
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