Trump Relaxes US Ban On Selling To Huawei In Surprise G20 Concession (zdnet.com) 156
hackingbear tipped us off to a breaking news story.
CNN reports: US President Donald Trump has appeared to soften his tone on Chinese communications giant Huawei, suggesting that he would allow the company to once again purchase U.S. technology. Speaking at a press conference in Osaka, Saturday, Trump said that the U.S. sells a "tremendous amount of product" to Huawei. "That's okay, we will keep selling that product," said Trump. "The (U.S.) companies were not exactly happy that they couldn't sell."
Forbes points out "While it's not a lifting of the blanket ban, it will significantly benefit the Chinese manufacturer."
ZDNet reports: This news just broke with comments made by Trump, including "U.S. companies can sell their equipment to Huawei. We're talking about equipment where there's no great national security problem with it." The details of this statement are still pending, but it is likely that 5G infrastructure equipment may still not be part of this access deal while the smartphone segment may be where we see open access.
One Daily Beast contributor argues the action "appears to be a surrender to publicly issued Chinese demands."
But TechCrunch writes that "any mutual trust has been broken and things are unlikely to be the same again."
CNN reports: US President Donald Trump has appeared to soften his tone on Chinese communications giant Huawei, suggesting that he would allow the company to once again purchase U.S. technology. Speaking at a press conference in Osaka, Saturday, Trump said that the U.S. sells a "tremendous amount of product" to Huawei. "That's okay, we will keep selling that product," said Trump. "The (U.S.) companies were not exactly happy that they couldn't sell."
Forbes points out "While it's not a lifting of the blanket ban, it will significantly benefit the Chinese manufacturer."
ZDNet reports: This news just broke with comments made by Trump, including "U.S. companies can sell their equipment to Huawei. We're talking about equipment where there's no great national security problem with it." The details of this statement are still pending, but it is likely that 5G infrastructure equipment may still not be part of this access deal while the smartphone segment may be where we see open access.
One Daily Beast contributor argues the action "appears to be a surrender to publicly issued Chinese demands."
But TechCrunch writes that "any mutual trust has been broken and things are unlikely to be the same again."
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Trump does not seem to stay fixated on one topic.
Unlike Democrats, who are so deranged they can't think of anything but Trump 24/7
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Whereas the Republicans withheld their rage for big things under Obama, like spicy mustard and tan suits.
Re: The border wall all over again (Score:1)
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You'll learn this as you grow older, but seeking accolades for cleaning up messes you created isn't something well-adjusted adults tend to do.
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What mess?
All the back n forths are bullshit. The only thing that matters is the long term results.
Like one of the results being soy farmers seeing a large chunk of their livelihood permanently go up in smoke overnight?
Re: Strategic thinker (Score:3, Insightful)
You have GOT to be trolling. His book on dealmaking was ghost written. Not only did he not write it, he couldn't read it if his life depended on it.
Trump is an avatar for the garden variety American dipshit who thinks that the only thing keeping him down is a rigged system.
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His book on dealmaking was ghost written. Not only did he not write it, he couldn't read it if his life depended on it.
Trump can read. He just can't read in public. He's 73 years old. He's presbyopic. He needs reading glasses, but he'd rather look like an idiot on national television day after day than be caught on camera wearing glasses.
Trump is an avatar for the garden variety American dipshit who thinks that the only thing keeping him down is a rigged system.
Trump is living proof that the garden variety American dipshit is correct. If the system wasn't rigged, it wouldn't keep Donald Trump up.
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Of course the Chinese with a leadership that are assured of staying in power for many decades can afford to play 'here today gone tomorrow' Trump. It would not surprise me if they instituted a universal basic income in the next few years and absorbed their own production. The destruction of the liberal world order will destroy the United States. Trump is a fool and you can do far better than his brain-dead ideas.
Ah ha!! (Score:2)
So Huawei has finally agreed to "donate" funds to der fuehrer's reelection campaign. I see how this works now...
Re: oh Trump... (Score:1)
What the hell did Norway ever do to you?
Stay tuned (Score:4, Insightful)
So now Huawei has gone from the devil incarnate to someone you can sell to "where there's no great national security problem with it". Okay, if that's as far as it gets walked back it's not too problematic... although I must admit I'm more curious whether his policy advisors knew about this policy shift before he said it.
But I'm really worried he's going to backtrack on all the rest of the security claims, which would be ludicrous. I'm really hoping he doesn't because our international credibility is already low.
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It’s not personal it’s just business. Them giving us money is good. Us giving them money and allowing the Chinese government to attack us through the back doors in their equipment is bad.
Re:Stay tuned (Score:5, Insightful)
To answer your question, you don't have to look any further than the situation with Huawei - or the one with Iran, for that matter.
Currently what the US says does still affect what our allies do. They may debate it, they may not go as far as we'd like as fast as we like... but they still take what we say seriously. However we're already seeing signs that the other first world countries are becoming less and less willing to follow our lead. Should we lose what credibility we have left, then at best anything we say will get greeted with a yawn and a "you can do whatever you want, but we're not bothering" - or at worst their companies and governments will decide to gradually transition away from doing much business with us at all.
Like it or not, there's very little that our country has to offer which can't be sourced elsewhere.
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It was always just a move to apply pressure to China to get them to re-open the trade negotiations and give some ground. It was never serious, despite what the shills paid to post that crap to Slashdot claim.
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Trump is a professional con man. He, at times, makes PT Barnum look like a saint. The only real major difference between Turmp and past Presidents is that a lot more people are aware of it. Compare this to GWB's entry into the Iraq War. That was a ludicrous con job. Anyone watching could tell it was a complete
USA is a paper tiger (Score:1)
The USA has made itself a paper tiger by launching wars [washingtonpost.com] using falsified [scmp.com], exaggerated [washingtonpost.com] and hypocritical [theguardian.com] claims, but what's worse is that its people keep falling into the pray of their three letter agency. This is just a replay of the same craps again and the country is doomed to make itself a fool.
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since the united states is a paper tiger making a fool of itself, and you can ignore it.
Yeah, but only after you, the American people, pay $$$$$ to the coffin the cybersecurity and military industrial complex.
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The USA has made itself a paper tiger ...
Ironically, Paper Tiger [wikipedia.org] is a literal English translation of the Chinese phrase "zhilaohu".
The term refers to something or someone that claims or appears to be powerful and/or threatening, but is actually ineffectual and unable to withstand challenge. The expression became well known internationally as a slogan used by Mao Zedong, leader of the People's Republic of China, against his political opponents, particularly the U.S. government.
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The US is only 5% of the world's population. Through a combination of luck, industrial might and soft power, that small fraction of the world ended up enjoying undisputed global leadership. In time it came to treat that leadership as a birthright, neglecting the industrial and soft power components of its power. End of that chapter of world history.
Re:USA is a paper tiger (Score:5, Insightful)
The US is only 5% of the world's population. Through a combination of luck, industrial might and soft power, that small fraction of the world ended up enjoying undisputed global leadership. In time it came to treat that leadership as a birthright, neglecting the industrial and soft power components of its power. End of that chapter of world history.
As a Brit who is in a country still struggling to deal with this exact process (we're just about 100 years ahead of the US, well into the decline) I'm afraid I have to tell you it will not be pretty... The exact qualities that got you power (aside from good fortune) of care and attention and dedication, are the ones that get forgotten, replaced by a belief in your own bullshit. That you deserve to be there, that you're somehow better than everyone else. And while you're there patting yourself on the back, all the other countries eat your lunch.
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I don't know about that, it seems your immediate problem is simply the question of if you want to stab your own economy in the face, in order to stiffen the upper lips of the next generation.
Nobody is eating your lunch, you're simply demanding that lunch be curtailed in order to procure the moral benefits of austerity.
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I don't know about that, it seems your immediate problem is simply the question of if you want to stab your own economy in the face, in order to stiffen the upper lips of the next generation.
*exactly*, this whole endeavour has traction because we think we're above Europe, better than them intrinsically and therefore just need to present ourselves to the rest of the world and they will be falling over themselves to give us favourable terms. And in reality the world is going "meh" and getting on with their more important things.
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Here in the US I'm very excited to see the price of English cheese come down, as the exchange rate changes. Right now Cotswold cheddar costs as much as Dutch Havarti.
TechCrunch fantasy (Score:1)
TechCrunch is in fantasyland with their "mutual trust" storytelling. They don't know the thoughts and feelings of everyone involved or how they might have changed.
Huawei is a fucking business, not the US's girlfriend. They buy stuff when it makes business sense. Businesses typically don't hold grudges. That sort of nonsense makes your business uncompetitive and customer-unfriendly.
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Businesses typically don't hold grudges for longer than a quarter.
There we go.
National security for sale (Score:1, Troll)
Re:National security for sale (Score:4, Insightful)
Claims that Huawei poses a security risk predate the current administration. The fact that they're being set aside for trade reasons means one of two things: 1) The claims were not true. 2) National security is for sale. My gut tells me it's the latter.
This is Trump. Buying and selling is all he knows; *everything* is transactional with him.
(Not commenting on if this is good or bad, just noting it.)
Re:National security for sale (Score:4, Insightful)
In any transaction with Trump, the first and last thing that matters is stroking his ego and giving him anything, absolutely anything no matter how small, that he can use to declare victory, because his supporters will 100% accept it and add it to their list of why he's the second coming of Jesus and makes George Washington and Abraham Lincoln look like shitty presidents next to him. He could buy a $5 bill for $100, call it the best deal ever and himself a master negotiator, and his supports will cheer.
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Token concession is certainly what Mexico did. I wondered for a moment if maybe they threatened to cut off the rare earths or something, but I think China is smarter than that. They would use the same trick as Mexico.
Re: National security for sale (Score:2, Interesting)
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Re: National security for sale (Score:1, Insightful)
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This is Trump. Buying and selling is all he knows; *everything* is transactional with him.
While this is partly true, it lacks depth. Buying and selling can be an honourable trade where both parties benefit. Trump's goal is for Trump to benefit and the other guy to get screwed. Note that this has not in fact changed. Trump's goal is still for Trump to benefit, somehow, from this presidential gig and everything not Trump including America is the other guy.
If I didn't basically hate republicans for creating this monster I'd almost feel sorry for them. They are a bit like a woman in a deeply ab
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Congratulations on attracting so many troll moderations. If I ever got a mod point to give, your comment would probably deserve an insightful, though you didn't go far enough with your second case. I do suspect that there is some secret aspect of this non-deal mulligan. I think the most likely hidden cases are:
(1) Carrot of money into Trump's pocket (Possibly via Ivanka?)
(2) Stick of taking money away from Trump (His tax returns would reveal exactly where China has the leverage on him.)
(3) Big stick of hack
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Claims that Huawei poses a security risk predate the current administration. The fact that they're being set aside for trade reasons means one of two things:
1) The claims were not true.
2) National security is for sale.
My gut tells me it's the latter.
I realized that I should have included a copy of your OP (in my longer reply) since your comment was troll-modded into invisibility (and I only found it by its replies).
Perhaps that is the best response to the trollish abuse of moderation? Making the suppressed comments more visible?
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This is the danger of having a leader who prefers listening to his gut rather than to his briefings. The delusion that your "instincts" are better than data makes you readily manipulable by anyone who can make things sound simple.
The fix is in (Score:4, Interesting)
Huawei agreed to install the NSA backdoors. Nothing to see here.
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Huawei agreed to install the NSA backdoors. Nothing to see here.
Good comment and congratulations on attracting a troll moderation (for which I quote you for greater visibility).
I should have included this consideration in my longer reply in the "National security for sale" thread. It fits under the secret carrot category, but there is the problem that Trump hates the NSA for not lying enough, which means the carrot is of little interest to him. No cash in his pocket.
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Don't be so tin foil hat. The answer is far simpler. Expect to see a Trump hotel in a building owned by Huawei shortly.
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The Snowden leaks confirmed the feds will intercept hardware and install backdoors after its shipped. Why do you think neither AMD or Intel will let you peek under the hood of their respective management engines?
Translation (Score:2, Interesting)
'Associates' (which may include family members) have bought Huawei stock dirt cheap. Now they're ready for the price to go up and sell it off.
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'Associates' (which may include family members) have bought Huawei stock dirt cheap. Now they're ready for the price to go up and sell it off.
Another good point that deserves repetition for the trolls' moderation. However, this is only part of a larger and more general problem. I actually think Putin is the main player of this game. Knowing exactly when Trump is going to do something stupid is pure gold. If he's going to drive the price of some company up, then you buy it while it's low, and if Trump is about to do or say something to drive the price down, then you buy the shorts. Can only print beautiful money, as long as you have a sufficiently
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Thank you for your reply. Yesterday when I checked my post was listed as 'Troll'. Glad to see others agree with me. This is the same thing that happened with Boeing.
And as for h33tl4x0r's comment...Yes, I didn't mean just the company itself but also their suppliers. Again, this is what happened with those connected with Boeing.
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I crafted a Trump policy algo ... (Score:1)
... in a computer science exercise called the "drunk walk."
When Trump says something ... (Score:2, Troll)
... it's a signal to just wait it out for him to say the opposite.
In his campaign speeches, he admitted that he knew little but would rely on yuge, great minds.
He reverse swamped-drained all those.
The doofus simply isn't qualified.
It's just a pity (Score:2)
LAST thing I needed was another reminder of Trump (Score:2)
Case of great minds thinking alike? Just joking, but the main point of this story is how gawdawful and incompetent #PresidentTweety is. China's Xi played Trump like a cheap ukulele. Apparently Trump got nothing, though I suspect there's some ugly secret underneath Trump's latest cave in.
One of the other (but clearly off-topic) Trump news stories of the morning was his attack on Jimmy Carter for saying the truth (again). Trump's so-called victory was quite narrow. Not just Putin, but ANYONE who can reasonabl
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One of the other (but clearly off-topic) Trump news stories of the morning was his attack on Jimmy Carter for saying the truth (again). Trump's so-called victory was quite narrow.
Trump's victory was HUGE. He carried Florida AND Ohio in the electoral cycle where most media was openly against him and openly for the Princess Hilton who, we were told for the previous 16 years, is bound to ascend into the White House after the American voters will line up their bodies to form a carpet for her. Not only he took t
Public masturbation of 24270 (Score:2)
Z^-1
Trump desperately wants Daddy's approval... (Score:2)
... so he agrees with whoever is in the room with him at the time. When he gets back to Bolton and Pompeo, he'll go all hardline again.
Spastic Thoughts (Score:1)
New China loans and trademarks? (Score:2)
Did Trump get another loan from China?
You know, like the one right before Trump removed sanctions on ZTE [businessinsider.com].
Or maybe Ivanka got approved for more Trump trademarks [nytimes.com]
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Upon reflection, I think all Trump got for backing off Huawei was the surprise meeting with Kim Jong-Un. First "president" in North Korea! I'm sure Xi could have set it up, and he realized that Trump would love the carrot, even though it's a low-cal carrot. Trump loves attention SO much. Great ratings!
Actual results? Zero. Nothing. Zilch. Nada.
Stupid not too. (Score:2)
Fake (Score:1)
He never even put bans in place. That's fake news.
\o/ (Score:1)
Woohoo! Huawei are on board with US surveillance of their customers. Surely a win for global cooperation.