Tech supplies to Huawei will cover only widely available goods: US official

The partial lifting of restrictions on Huawei was a key element of the agreement reached over the weekend between President Donald Trump and Chinese President Xi Jinping

President Donald Trump’s decision to allow expanded sales of US technology supplies to Chinese telecommunications giant Huawei will only apply to products widely available around the world, and leave the most sensitive equipment off limits, a top White House aide said on Sunday.

“All that is going to happen is Commerce will grant some additional licenses where there is a general availability” of the parts the company needs, National Economic Council chairman Larry Kudlow said on “Fox News Sunday.”

US microchip firms in particular “are selling products that are widely available from other countries, This not a general amnesty ...