This comes after US President Donald Trump banned US firms from doing business with Huawei citing national security concerns.
US President Donald Trump predicted a swift end to the trade war with China, although no high-level talks have been scheduled between the two countries since the last round of negotiations ended in Washington two weeks ago.
Trump predicted a swift end to the trade war with China, although no high-level talks have been scheduled between the two countries since the last round of negotiations ended in Washington two weeks ago. Huawei has repeatedly denied it is controlled by the Chinese government, military or intelligence services.
“We will closely monitor relevant developments and prepare necessary responses,” he said, without elaborating. The newest round will cost the typical American household US$831 annually, according to research Thursday from the Federal Reserve Bank of New York.
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