Huawei. An astonishing news came today after the meeting between Donald Trump and the President of China, Xi Jinping, the US President announcing that the sanctions imposed against the Chinese company will be cancelled. The announcement is completely surprising, and this is because Donald Trump and Xi Jinping have been in completely opposite positions for several months, but it seems that the USA has "touched a nerve" by blocking Huawei's access to American technologies.
Huawei. Donald Trump will lift the sanctions that the Chinese company has in the US, probably next week, and this means that it will be able to sell its new products that it has been postponing. Donald Trump will resume talks with Xi Jinping on the side of a trade agreement, and will waive some of the tariffs imposed on products imported from China, but Huawei does not get away from all the bans imposed by the Americans.
Huawei. AMAZING announcement! Sanctions CANCELED by Trump
Huawei. As you probably already know, the USA also banned the use of Chinese products in any state institution, in the army, but also in the partner companies that work under contract with them. For several months, the USA carried out the clarification work to convince its partners that Huawei's telecommunications equipment must be banned in 5G networks, but everything seems to be just a big bluff for Donald Trump to win in the trade war with China.
"Trump said he had agreed with Chinese President Xi Jinping to restart trade talks. The US leader said he would also hold off on new tariffs and allow Chinese tech giant Huawei to again buy US products."
Huawei. Thanks to this decision, there is no longer a risk that Google will not license Android for the Chinese company, nor that future phone models, which are highly anticipated, will not be launched. I don't know who, apart from those in the US presidential administration, thought that such a decision could be taken so quickly, but now Huawei has a positive evolution for its problems, and this will help it to recover its lost sales.
Huawei. The company's phone sales dropped dramatically in the months when the sanctions were active, and their lifting will certainly generate a major change in the evolution for the next year.
