Trump administration will soon issue licenses allowing sales to Huawei

Author: Eamonn Sheridan | Category: News

New York Times with the report:

  • Trump administration will soon issue licenses allowing some American companies to supply nonsensitive goods to the Chinese telecom giant Huawei
NYT citing:
  • according to people familiar with the matter
And the piece adds:
  • a step that could cool tensions between the United States and China as trade talks resume this week.
  • In a meeting last week, President Trump gave the green light to begin approving the licenses, which will allow a select few American companies to bypass a ban his administration placed on Huawei this year.

This news is further adding to the risk on good feels.

Earlier news was dire, and then improved, read from the bottom up for the chronology:
-
For those wishing to couch the moves in financial market technical jargon what we have seen today is generally known as "bat shit crazy" 


ForexLive
By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose