A man walks by a Huawei retail shop behind a handrail inside a commercial office building in Beijing, on May 21, 2019. (AP Photo/Andy Wong)

Huawei could be included in trade deal with China: Trump

WASHINGTON - U.S. President Donald Trump suggested Thursday that some type of agreement concerning China's Huawei Technologies Co. could become part of a trade deal with Beijing, after Washington blacklisted the telecom equipment giant last week.
"It's possible that Huawei even would be included in some kind of a trade deal," he told reporters at the White House. He did not go into detail.

Citing national security concerns, the U.S. government decided last week to effectively ban American companies from supplying parts to Huawei and put it on a list of companies with which U.S. firms cannot trade without a license.

Huawei has been a leader in 5G wireless network technology that enables the transmission of large amounts of data at extremely high speeds.

The action came as the world's two largest economies expand tit-for-tat tariff skirmishes in a further escalation of their long-running trade war, a development that has roiled financial markets and impacted global growth.

The two countries made little progress in trade negotiations earlier this month, leading the Trump administration to raise U.S. tariffs on $200 billion of Chinese goods from 10 percent to 25 percent.

Trump has stepped up pressure on Beijing by threatening to impose tariffs of up to 25 percent on an additional $300 billion of Chinese products, a move that -- together with duties imposed so far -- would see nearly all Chinese imports taxed.

Source: https://mainichi.jp/english/articles/20190524/p2g/00m/0in/023000c