With trade talks between the United States and China resuming this week, the US appears to have made some concessions that could help reduce tensions between the world’s top two economies.
The New York Times newspaper reported that the US was considering issuing licences to American companies allowing them to supply non-sensitive components to Chinese telecoms giant Huawei. In May, US President Donald Trump had proposed to ban Huawei from buying parts and technology from US suppliers citing national security concerns.
But the paper, citing unidentified sources, says Trump gave the green light in early October for the issuance of licences to US companies to supply Huawei with some equipment.
