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“Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.”
originally posted by: loam
a reply to: links234
So you're blaming him for a law Congress passed in 1977?
International Emergency Economic Powers Act
President Trump on Saturday agreed to scale back restrictions on Chinese technology giant Huawei and delay new tariffs from going into effect against Chinese goods as part of an effort to restart trade talks with Chinese leader Xi Jinping.
The major concessions, which came on the sidelines of the Group of 20 summit, came after more than a month of acrimonious fighting between two of the world’s largest economies.
A number of Democrats and Republicans had cheered Trump’s crackdown against Huawei, but Trump said Saturday he had agreed to lift some of his new restrictions after discussing the matter with Xi. He said he would allow U.S. technology companies to sell their products to Huawei, something that had been banned under his recent action, and that he would be meeting with aides very soon about rolling back even more restrictions.