On July 23, according to Reuters, on Monday, Trump met with senior executives of seven US high-tech companies at the White House. These companies have a cooperative relationship with Huawei. During the meeting, the CEOs of these high-tech companies hope that Trump will decide to issue sales licenses for their trade with Huawei as soon as possible.
It is reported that the seven companies attending the conference are: Cisco Systems, Intel Corporation, Broadcom, Qualcomm, Micron Technology, Western Digital, and Alphabet subsidiary Google.
Subsequent information from Reuters officially obtained from the White House showed that Trump “agreeed” their request at the meeting. However, even if Trump verbally agreed, it does not mean that the “sales license” will be effective immediately. If the seven US companies want to obtain a license to sell goods to Huawei, they still need a formal license from the US Department of Commerce.
According to reports, US government officials attending the conference included US Secretary of Commerce Wilbur Ross, White House Economic Advisor Larry Kudlow and US Treasury Secretary Steven Mnuchin.
Trump’s verbal statement shows that the seven high-tech companies in the United States have taken a step closer to obtaining licenses for selling products to Huawei, and may be officially announced in the near future.
- Each company requires the US Department of Commerce to issue a license in time.
It is reported that the CEOs of the seven high-tech companies asked the US Department of Commerce to make a timely decision to allow them to sell to Huawei at a meeting with Trump.
However, the White House said in a statement that executives at various companies expressed Trump’s sales restrictions on Huawei for national security reasons and restrictions on Huawei’s participation in US telecommunications equipment purchases.
In fact, there is still uncertainty about the future relationship between US companies and Huawei before the conference.
In May of this year, Huawei was listed on the “blacklist of entities” by the United States on the grounds of so-called “national security issues”. The Trump administration said that US companies are banned from selling most US parts to Huawei without special permission.
Until June of this year, the G20 summit in 2019 was officially held in Japan. During this period, the leaders of China and the United States officially started talks on Sino-US trade issues.
After the meeting, Trump said that in order to resume trade negotiations with China, US companies will be allowed to sell goods to Huawei, the world’s largest telecommunications equipment manufacturer.
At the same time, the United States also clearly pointed out that its introduction of Huawei’s new policy will be slower.
Second, seven companies expressed dissatisfaction with the Minister of Commerce
According to a person familiar with the matter, on Monday, local executives expressed dissatisfaction with the Minister of Commerce, Wilbur Ross.
The main reason is that US Secretary of Commerce Wilbur Ross said on July 9 that the US government will issue licenses to companies seeking to sell products to Huawei, and the transaction will not pose a threat to US national security. But Wilbur Rossb did not provide clear guidelines for US companies’ sales policies to Chinese companies.
In addition, White House economic adviser Larry Kudlow and US Treasury Secretary Steven Mnuchin also attended the meeting.
In the case of participating companies, Sanjay Mehrotra, CEO of semiconductor company Micron Technology, said in a statement to ensure an open and fair trading policy in a level playing field, a continuous lead in US technology and a global economy.
It is worth mentioning that Huawei is the largest customer of Micron Technology. The company resumed shipping some products to Chinese companies last month.
It is reported that the United States may approve US companies to restart licenses for trade with Huawei within a few weeks. In addition, the White House discussed unfair international trade practices and 5G technology-related issues at its local meeting on Monday.
Conclusion: Looking forward to the US further implementation of the licensing policy
The trade friction between China and the United States with Huawei as the focus has been going on for several months. Today, Trump’s concession to the US company’s request for permission to sell to Huawei has also made the bilateral trade relationship that has been relatively tight and rigid during this period. There is a slight relief.
Does this mean that Trump really began to consider re-establishing trade cooperation with Huawei? We are not sure, but what is certain is that regardless of whether the United States implements trade restrictions on China, in this global economic integration environment. Our country has strong strength and courage to cope with this situation, and has always maintained an open and inclusive attitude towards economic and trade.
At the same time, we also look forward to the further implementation and implementation of the US policy of “lifting the ban” on Huawei.[/fusion_text]
