New hope for Huawei, will Huawei solve the crisis?

The Huawei crisis has become a preoccupation for many fans of this giant company, as the most powerful countries in the world have entered into this conflict. Will the Huawei crisis soon be resolved, this seems, despite the US administration’s toughness regarding the Chinese technology giant “Huawei”, which prompted it to stop production after models Its smartphones, however, a change that occurred during the past few days may turn things upside down.

The acting director of the White House Office of Management and Budget, Russell T-foot, called for a delay in implementing key provisions of a law restricting the US government's work with Chinese telecom giant Huawei Technologies, Bloomberg reported.

The agency also reported, citing the Wall Street Journal, that Russell T-foott had submitted the request to US Vice President Mike Pence and nine members of Congress, citing burdens on US companies using Huawei technology.

The date of the request dates back to the fourth of this June, in order to postpone the implementation of parts of the National Defense Authorization Law.

And it seems that the stifling crisis that “Huawei” is suffering from may ease, with US Treasury Secretary Steven Mnuchin saying that President Donald Trump may ease restrictions on Huawei if progress is made in trade negotiations with China, but in the event that no agreement is reached, Washington will continue to impose duties. tariffs to reduce the trade deficit.

"I think what the president means is that making progress on trade might make him willing to do some things with Huawei ... if he gets certain guarantees from China," Mnuchin added.

The letter sent by Russell T-Foot said the National Defense Authorization Act could lead to a "significant reduction" in the number of companies that would be able to supply to the government and that it would disproportionately affect US companies operating in rural areas where Huawei devices and equipment are common. Federal grants.

The letter demanded that restrictions be activated on contractors and recipients of federal grants and loans 4 years after the law was passed instead of two years now, in order to give the affected companies sufficient time to deal and provide their feedback on the impact of this.

The Wall Street Journal said a Huawei spokesperson declined to comment on the report.
Washington imposed additional customs duties on Chinese goods and then tightened them in an attempt to reduce the trade deficit between the two countries and to combat what it described as unfair trade practices.

The United States has also accused Chinese telecom giant Huawei Technologies of spying and stealing intellectual property rights, charges the company denies.

Washington has put Huawei on a blacklist that effectively prevents US companies from doing business with it and has put pressure on its allies to stop doing business with Huawei, arguing that the company might use the technology it develops to spy for Beijing.

Mnuchin said the United States was ready to strike a deal with China but was also willing to keep additional tariffs in place if needed.

"If China wants to go ahead and make a deal, we are ready to go ahead on the terms that we have set. And if China does not want to do that, then President Trump is completely satisfied with continuing to impose tariffs to rebalance the relationship” between the two countries.

And the US administration decided to impose a ban on supplying the Chinese company “Huawei” with any American products, whether they are chips, manufacturing components, applications and operating systems for smart phones, but it decided at a later time to postpone the implementation of the decision for a period of 90 days.