The authorities of China and the United States are gradually approaching a solution that will benefit Huawei and Google. In the past few weeks, there have been clear signs that Huawei will again receive permission to do business with US companies.
The new statement by US Secretary of Commerce Wilbur Ross (Wilbur Ross) indicates good progress in trade negotiations. He stated the following:
Huawei Technologies Co. Component Sales Licenses will be available to American companies very soon.
In addition, US President Donald Trump emphasized his desire to enter into a long-term trade agreement with China in the near future. It seems that the US president has already realized how painfully a trade war with China can hit the country’s economy.