Reuters
- President Trump told reporters on Friday that the US won’t be doing business with Huawei, according to Bloomberg.
- The announcement comes amid China’s refusal to buy US agricultural goods, which is said to be China’s retaliation to the tariffs that Trump announced on remaining imports from China.
- On Friday, Huawei also announced its own "Harmony" operating system to power its mobile devices should the US continue to bar the company from using Google’s Android operating system.
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"We’re not going to be doing business with Huawei," President Donald Trump told reporters on Friday, according to Bloomberg.
Trump’s announcement will prohibit US agencies from buying Huawei telecoms products, unless the US and China can come to an agreement over trade. So far, a deal seems less and less likely when Trump said "China wants to do something, but I’m not doing anything yet. 25 years of abuse — I’m not ready so fast."
Trump’s statement comes amid China’s refusal to buy US agricultural goods — a move that’s said to be in retaliation of Trump’s tariffs on imports from China.
The US is also reportedly delaying US companies from doing business with Huawei, according to a Bloomberg report.
China also allowed its currency to devalue against the US dollar, which some are saying is a move in a "currency war." The United States officially labeled China a "currency manipulator" in response.
Huawei announcement on Friday its home-grown Harmony operating system that’s designed to power its mobile devices should the company continue to be barred from using Google’s Android operating system.
Story developing…refresh this post for the latest.
See Also:
- Trump administration reportedly delays deciding whether to let US companies resume selling to Huawei
- A new lawsuit accuses Apple of violating user’s privacy by allegedly allowing Siri to record without consent
- Google’s Pixel 4 is rumored to come with a screen that will make Samsung and Apple phones feel like old tech
Source: Business Insider – feedback@businessinsider.com (Antonio Villas-Boas)