The Duran Quick Take: Episode 223.
The Duran’s Alex Christoforou and Editor-in-Chief Alexander Mercouris discuss the G20 Osaka compromise by U.S. President Trump and Chinese President Xi, to put a pause on the ongoing trade dispute and continue talks to work towards a trade deal between the U.S. and China.
In a compromise move, Trump agreed to allow US companies to sell parts to Huawei, while not excluding the firm from the US’ blacklist.
Trump announced a relaxation on his blacklisting of the Chinese telecoms giant after meeting with Xi Jinping at the G20 summit in Osaka, Japan. Trump told reporters that “US companies can sell their equipment to Huawei," providing that equipment poses no “great national emergency problem.”
Trump’s "backtracking" was criticized by establishment media and many members of Congress.