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USA and China place Huawei truce at center of trade talks

The leaders of the USA and China met on Saturday on the sidelines of the G20 meeting in Osaka, Japan, and in the shadow of the just-ended MWC Shanghai event, which showcased China’s massive advances in the 5G market so far. Until then, the USA had been about to impose new tariffs on Chinese goods that are not covered by the current 25% tariffs – goods worth about $300bn a year. Now, those tariffs have been taken off the table. In return for the Huawei concession, China has agreed to start buying large quantities of US farm products. Trump told a press conference that his administration needed to work out the details of how to deal with Huawei, which had…

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