Trump roils markets with comments on China trade, Huawei
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January 28, 2023

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SATURDAY, JANUARY 28, 2023
Trump roils markets with comments on China trade, Huawei

Global Economy

Reuters
10 August, 2019, 09:15 am
Last modified: 10 August, 2019, 09:17 am

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Trump roils markets with comments on China trade, Huawei

Trump also sowed confusion by saying that the United States would not do business with Chinese telecoms giant Huawei Technologies, only to have a White House official later clarify that he was referring to a ban on US government purchases of Huawei equipment.

Reuters
10 August, 2019, 09:15 am
Last modified: 10 August, 2019, 09:17 am
Trump roils markets with comments on China trade, Huawei

US President Donald Trump on Friday said he was not ready to make a deal with China and even called a September round of trade talks into question, reviving concerns on financial markets that the bilateral dispute is unlikely to end anytime soon.

Trump also sowed confusion by saying that the United States would not do business with Chinese telecoms giant Huawei Technologies, only to have a White House official later clarify that he was referring to a ban on US government purchases of Huawei equipment, not requests for sales by US companies, which are still being assessed.

“We’re talking with China. We’re not ready to make a deal - but we’ll see what happens,” Trump told reporters at the White House before departing for fundraisers on Long Island, New York.

“China wants to do something, but I’m not ready to do anything yet. Twenty-five years of abuse - I’m not ready so fast, so we’ll see how that works out,” he said.

World+Biz / Top News

US / Donald Trump / Huawei

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