Connect with us

Business

“Very dangerous” Huawei could be part of a US-China trade deal

Published

 on 

President Donald Trump has reiterated his complaints against China’s Huawei Technologies but conceded that they could be resolved as part of a negotiated US-China trade deal. Without providing evidence, he went on to call the Chinese telecommunications giant “very dangerous.”

The US has virtually banned firms from conducting business with Huawei, the world’s largest telecom manufacturer, citing unspecified national security concerns.

Despite the rhetoric President Trump predicts a quick end to the trade war with China. His bold prediction is not supported by any high-level talks being scheduled between the two countries since talks stalled two weeks ago.

Earlier yesterday, the US Secretary of State Mike Pompeo accused the CEO of Huawei, Ren Zhengfei, of lying about his company’s lack of ties to the Beijing government. Pompeo claimed the alleged ties “represented a security risk” to the US without providing any details.

Meanwhile, again without providing any specific examples or evidence, President Tump said Huawei was “very dangerous”.

“You look at what they’ve done from a security standpoint, from a military standpoint, it’s very dangerous. If we made a deal, I could imagine Huawei being possibly included in some form or some part of it.”

“The company is deeply tied, not only to China, but to the Chinese Communist Party. And that connectivity, the existence of those connections puts American information that crosses those networks at risk,” he is quoted as saying in a Reuters report.

Huawei has repeatedly denied it is controlled by the Chinese government, military or intelligence services. But tech companies around the world continue to fall in line with US curbs on the company. Japanese conglomerate Panasonic says it had stopped shipments of some Huawei components, a day after British chip designer ARM did the same, potentially crippling the Chinese company’s ability to make new chips for smartphones.

Meanwhile the US government is aiming to provide about $700 million in grants to help telecom providers with the cost of removing Huawei equipment from their networks, and to block the use of equipment or services from Huawei and Chinese telecoms firm ZTE in next-generation 5G networks.

They’ve also announced a $16 billion aid program to help US farmers hurt by the ongoing spat. The Agriculture Department says some funds will be used to open markets outside China to US products. Farmers have been among those hardest hit by the trade war.

 

Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

Politics9 hours ago

Vladimir Putin officially annexed four parts of Ukraine

Transport12 hours ago

Phuket Airport officials pulled tourist from van, insisted they use airport taxi

Thailand13 hours ago

Thailand’s strange laws – 10 strange laws in Thailand

Sponsored2 days ago

10 Best Seed Banks that Ship Cannabis Seeds Discreetly to You (Free US Shipping)

Politics13 hours ago

The long goodbye – Which way now for PM Prayut?

Pattaya13 hours ago

Pattaya Police Chief cleared of vice slurs, back on duty

Tourism14 hours ago

Reopening Thailand has a busy activity schedule

Join the conversation on the Thaiger Talk forums today!
Tourism14 hours ago

Today is the day! Full post-pandemic Thailand reopening

Pollution16 hours ago

Garbage in canals is worsening flooding in Bangkok

Weather16 hours ago

Hurricane Ian lashes South Carolina

Tourism17 hours ago

5-star squatters evicted from Layan Beach

Video18 hours ago

All you need to know about Thailand’s Vegetarian Festival

Protests18 hours ago

Anti-Prayut rallies expected across Bangkok

What you get for $X1 day ago

What $100,000 buys you for a condo in Bangkok, Phuket, Pattaya, Koh Samui and Hua Hin

Thailand1 day ago

Thailand News Today | Activists plan protests all across Thailand

Thailand1 day ago

Snitching on parking space hoggers could earn you 5,000 baht in Thailand

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending