Huawei is at the center of a disturbing announcement that will surely sadden all the company's clients, and this is because its problems are extremely far from over, Donald Trump making the revelations last evening. According to the US president, there is very little chance that a trade agreement with China will be signed before the 2020 presidential elections, i.e. next fall, so the current situation will continue.
Huawei will not benefit from a relaxation of US sanctions because it is a "currency" between the two great powers, and Donald Trump wants to take advantage of it to obtain a favorable trade agreement with which he can brag in front Americans. Trump's strategy still leaves Huawei in an extremely bad situation because the Chinese company cannot carry out its activity as it should, with no chance for things to be fixed.
Huawei: The WORRYING announcement that will make ALL Customers SAD
Huawei had some good news when Donald Trump ordered that some trade licenses for US companies be approved, and Microsoft can sell whatever it wants to the Chinese, but this is not true for Google either. Moreover, in the middle of this month, the USA wants to impose new taxes on products manufactured in China, and this will further worsen the relations between the two countries, which also affects Huawei.
"The Dow closed sharply in the red — marking a third straight day of losses — after President Donald Trump said a trade deal with China might not happen until after the 2020 election. Trump suggested to reporters in London on Tuesday that a trade deal with Beijing could come much later than many expected."
Huawei has announced that its latest products are devoid of components from American companies, but this is only half the problem, because others are produced outside of China, but with technologies made in the USA. Here comes another problem because the US wants to forbid those from Huawei to buy components from other countries that are produced with technologies developed in the US, and its activity will be blocked.
Huawei also has threats regarding the imposition of a ban on trading with US dollars, plus a seizure of assets from the US, so things are in an extremely unclear situation for the Chinese at the moment.
