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US, China Leaders Agree to Resume Trade Talks


Monday, 1 July 2019 15:45 WIB

Global


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U.S. President Donald Trump says he will hold off on imposing additional tariffs on China after a meeting with President Xi Jinping that resulted in the stalled trade negotiations getting “right back on track.”  

Speaking Saturday at a wide-ranging news conference at the conclusion of the G-20 summit in Osaka, Japan, Trump said he will also allow American companies to sell to Huawei, the Chinese telecommunications giant whose software U.S. intelligence has warned could threaten  U.S. national security.

As far as resolving the overall issue of Huawei, which the U.S. government wants to bar from the country’s planned 5G cellular telephone networks, “we agreed to leave that to the end” of trade negotiations between Washington and Beijing.

The Chinese, however, are not getting relief from sanctions already imposed by the Trump administration.

“At least for the time being we won’t be lifting tariffs on China,” the U.S. president told the news conference.

Source : VOA


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