The U.S. is ready to ease restriction on Huawei, allowing US suppliers to continue trading with the Chinese company, Reuters reported on Monday.
Since May, US authorities have barred Huawei from the US market, a provision which includes the exclusion of Huawei from US suppliers of goods and services. The prohibition meant that Huawei could no longer use Google’s Android operating system on its devices; the blow was also significant for US chipmakers Qualcomm, Intel, and Micron Technology.
In 2019, Huawei bought $11bn worth of US goods and services
According to Secretary Wilbur Ross, US companies will be allowed to trade with the Chinese communication behemoth where there is no danger to national security. This development came following a meeting between US President Donald Trump and Chinese President Xi-Jinping at the G20 Summit in Japan.