🇦🇺

Trump Eases Huawei's Sanctions In Trade War With China

Video credit: Wochit
Published on June 29, 2019 - Duration: 00:42s

Trump Eases Huawei's Sanctions In Trade War With China

According to a report by Gizmodo, US President Donald Trump and his Chinese counterpart Xi Jinping appeared to reach a tenuous 'cease-fire' in the ongoing US-China trade war.

The Wall Street Journal originally reported that the US will "remove some curbs on Huawei Technologies buying high-tech equipment from the US." Trump reportedly said that the cease-fire declared this weekend will delay imposing new tariffs on 300 billion-dollars in Chinese goods that aren't already subject to 25 percent tariffs, in exchange for China purchasing "large amounts of American farm products."

Advertisement

You are here

Related videos from verified sources

Trump 'not backing off' Huawei as security threat: Kudlow 00:45
Video credit: Reuters Studio - Published on June 30, 2019 

Stocks Thrilled With Trade Truce 00:53
Video credit: Wochit - Published on June 29, 2019 

Trump Says Trade Talks With China 'Back On Track' 00:32
Video credit: Wochit - Published on June 29, 2019