Progress toward a US-China trade deal has stalled while the Trump administration determines how to address Beijing’s demands to ease restrictions on Huawei Technologies Co., reported the Wall Street Journal.
No face-to-face meetings have taken place and none have been scheduled since US President Trump and China’s President Xi Jinping met last month in Japan and agreed to resume talks.
At that time, Trump said that the US would allow some US firms to sell products to Huawei, the Shenzhen-based telecommunications giant that Beijing sees as a strategic priority and Washington considers a national-security threat. Yet so far administration officials haven’t reached consensus on which semiconductor chips and other products can be provided to Huawei without triggering security concerns or giving the company a strategic edge.
US and Chinese trade negotiators spoke by phone last week to discuss next steps, but officials didn’t cite any progress afterwards. Though another call is expected this week, the WSJ reported that Beijing is waiting to see what the US does on Huawei before making commitments.