#us china trade

As Huawei launched the Huawei Developers Conference (HDC) in China a few days ago, US President Donald Trump has stated that the US is not yet ready to do business with Huawei yet. That doesn’t mean we won’t agree to something if and when we make a trade deal,” said Donald Trump, United States of America President Reports stated that the Commerce Department is still processing special licenses for companies to restart sales to Huawei. “We are talking to China; we are not ready to make a deal, but we’ll see what happens ... China wants to do something, but I’m not doing anything yet. Trump ended the cease-fire with China last week by announcing 10% tariffs on USD 300 Billion worth of Chinese goods. Samsung and SK Hynix will no longer be able to upgrade their chip facilities in China. Both companies operate manufacturing plants in multiple regions, including China. The move is part of ongoing efforts by the US to curb China’s access to advanced semiconductor technology. Read more in our articles including "Donald Trump says US not ready to do business with Huawei yet" and "Samsung, SK Hynix face licensing issues in China amid US trade war".