US President Trump Does Not Want To Do Business With China's Huawei

Donald Trump said there were small parts of Huawei's business that could be exempted from a broader ban, but that it would be "very complicated."

 Share
EMAIL
PRINT
COMMENTS
US President Trump Does Not Want To Do Business With China's Huawei

Donald Trump said that that he did not want to do business with Huawei for national security reasons.


New Jersey: 

US President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.

Reuters and other media outlets reported on Friday that the U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies Co Ltd that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers.

The "temporary general license" will be extended for Huawei for 90 days, Reuters reported, citing two sources familiar with the situation.

On Sunday, Trump told reporters before boarding Air Force One in New Jersey that he did not want to do business with Huawei for national security reasons.

"At this moment it looks much more like we're not going to do business," Trump said. "I don't want to do business at all because it is a national security threat and I really believe that the media has covered it a little bit differently than that."

He said there were small parts of Huawei's business that could be exempted from a broader ban, but that it would be "very complicated." He did not say whether his administration would extend the "temporary general license."

Speaking earlier on Sunday, National Economic Council director Larry Kudlow said the Commerce department would extend the Huawei licensing process for three months as a gesture of "good faith" amid broader trade negotiations with China.

"We're giving a break to our own companies for three months," Kudlow said on NBC's "Meet the Press". 



(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)


Get Breaking news, live coverage, and Latest News from India and around the world on NDTV.com. Catch all the Live TV action on NDTV 24x7 and NDTV India. Like us on Facebook or follow us on Twitter and Instagram for latest news and live news updates.

NDTV Beeps - your daily newsletter

................................ Advertisement ................................

................................ Advertisement ................................

................................ Advertisement ................................