Trump: Huawei could be part of trade deal with China

Donald Trump has suggested he might be willing to make embattled Chinese telecommunications giant Huawei part of trade talks with China.

His administration last week put Huawei, which it has called a threat to national security, on a blacklist that effectively barred US firms from selling the Chinese company computer chips and other components without government approval.

The move could cripple Huawei, the world’s largest manufacturer of networking gear and second-biggest smartphone maker.

Huawei (Yui Mok/PA)
Huawei (Yui Mok/PA)

“I can imagine Huawei being included in some form of a trade deal,” Mr Trump told reporters.

He offered no details but said any arrangement “would look very good for us, I can tell you that”.

It came as Mr Trump rolled out another 16 billion dollars (£12 billion) in aid for farmers hurt by his trade policies, and financial markets shook on the growing realisation that the US and China are far from settling a bitter, year-long trade dispute.

US agriculture secretary Sonny Perdue said the first of three payments is likely to be made in July or August and suggested the US and China are unlikely to have settled their differences by then.

“The package we’re announcing today ensures that farmers do not bear the brunt of unfair retaliatory tariffs imposed by China and other trading partners,” Mr Perdue said.

The latest bailout comes on top of 11 billion dollars (£8 billion) in aid Mr Trump provided farmers last year.

“We will ensure our farmers get the relief they need and very, very quickly,” he said.

Seeking to reduce America’s trade deficit with the rest of the world and with China in particular, he has imposed import taxes on foreign steel, aluminium, solar panels and dishwashers and on thousands of Chinese products.

UStrading partners have lashed back with retaliatory tariffs of their own, focusing on US agricultural products in a direct shot at the American heartland, where support for Mr Trump runs high.

- Press Association

More on this topic

Huawei laptops return to Microsoft online store

Huawei founder says revenue will be billions below forecasts

Huawei accused of pushing adverts to phone lockscreens

Great firewall of China: State bids to protect its technology amid US trade row

More in this Section

Number of people working in Ireland up over 20% since end of recession

'Heartbreaking for the workforce' - Kerry Foods closes UK factory with loss of 900 jobs

Top chefs to host 120 guests in a bid to inspire young people into food industry

UK utility company to pay out record €141m after ‘shocking’ Ofwat probe


Lifestyle

Ask a counsellor: ‘Why does my husband hate that our daughter’s dating a man going through divorce?’

Check-mate: Gingham- the easy summer style win

Four of the most important post-workout stretches you should be doing ...

Checked the electrics lately? 7 signs your home needs rewiring

More From The Irish Examiner