Trump Gives Huawei Another 90-Day Reprieve: Who is Desperate for a Deal?

-edited

For the second time since May, Trump postponed an order that would block US firms from supplying Huawei.

Winning trade wars is so easy that U.S. Set to Give Huawei Another 90 Days to Buy from American Suppliers.

The U.S. Commerce Department is expected to extend a reprieve given to Huawei Technologies that permits the Chinese firm to buy supplies from U.S. companies so that it can service existing customers, two sources familiar with the situation said.

The “temporary general license” will be extended for Huawei for 90 days, sources said.

An extension will renew an agreement set to lapse on August 19, continuing the Chinese company’s ability to maintain existing telecommunications networks and provide software updates to Huawei handsets.

U.S. President Donald Trump and Chinese President Xi Jinping are expected to discuss Huawei in a call this weekend, one of the sources said.

The U.S. government blacklisted Huawei alleging the Chinese company is involved in activities contrary to national security or foreign policy interests. The United States says Huawei’s smartphones and network equipment could be used by China to spy on Americans, allegations the company has repeatedly denied.

Sham Allegation or Foolish Response?

If China is indeed a security threat Trump should not use Huawei as a bargaining chip nor should the US supply Huawei with parts.

Either Trump's reprieve is foolish or the charges are a lie. Which is it?

Second question: Who is it that seems desperate for a deal? Trump or China?

Mike "Mish" Shedlock

Comments (44)
No. 1-12
Realist
Realist

Trump is:

Desperate for a deal

A terrible negotiator

A fool

The worst President in US history

CautiousObserver
CautiousObserver

I imagine China has noticed that recent US trade policies look like short term posturing, possibly orchestrated by the Keystone Cops. I doubt we are going to earn any meaningful long term concessions from them with these tactics.

Augustthegreat
Augustthegreat

Huawei’s founder Ren already said a few month ago that the 90 days exoneration was not helping at all.

Mish
Mish

Editor

agree with 1-3 but not 4

Wilson, FDR, George W Bush, LBJ at the top of my list

Sechel
Sechel

If Huwei is a security threat ban them. If not it should be dropped. This idea of using pawns is puerile

Sechel
Sechel

Huwei is clearly being used as a pawn. If this were a true threat there would be no reprieve.

Augustthegreat
Augustthegreat

Huawei is indeed a threat, to the american PRISM project

Paradise_Found
Paradise_Found

I looked all over the place, and tried doing a site search, looking for a blog post where Left-wing Mish says anything nice about Trump... Such a post does not exist or can not be found with a search.

Mish has Trump Derangement Syndrome.

And he is VERY sensitive about it... he will delete this comment as soon as he sees it because he can't handle the truth

Paradise_Found
Paradise_Found

For all of Mish's claims to being unbiased in deleting comments, I notice the anti-Trumpers NEVER get deleted. They see Mish bashing Trump, and chime right in, parroting Mish's bias.

Anti-Trumpers @Sechel @Realist @CautiousObserver don't get deleted no matter how many times they agree with Mish against Trump

Paradise_Found
Paradise_Found

Watch Mish demonstrate his bias again when the midwest USA wakes up!

He will of course delete my comments because I dare question his unbias claims

He will not delete any of the anti-Trump comments. He even goes so far as to "agree with 1-3 but not 4"... proving he reads the anti Trump comments and lets them stand unchallenged.

Paradise_Found
Paradise_Found

Meanwhile, the host website (moneymaven) has pretty much shut down. Eight authors, but only Mish posts more than once per month. The other guy who posts often is mirroring his own site -- doesn't post to moneymaven.

Most of the authors haven't posted in months (or years).

No point in complaining about bias to a website that can't afford to lose Mish. Mish and his left wing parrots is all they have

FloydVanPeter
FloydVanPeter

The survey is flawed. It doesn't allow all possible answer. Please add a forth option "neither nor".

One must recognize that when the possible answers are: (1) Either X (2) Or Y (3) Both

Then, there must be a fourth possibility: (4) Neither nor