Jul 22, 2019

White House convenes a China-focused tech meeting

White House economic adviser Larry Kudlow. Photo: Nichloas Kamm/AFP/Getty Images

The Trump administration is planning another meeting with tech leaders Monday, this time bringing together the heads of some of the country's biggest chipmakers to meet with White House economic adviser Larry Kudlow.

What's happening: A source tells Axios that the companies were told the meeting's agenda was simply "economic issues." However, given the invite list, the discussion is expected to focus on tariffs and China broadly, and the topic of Huawei and the administration's ban on its products is expected to be at the top of the list.

  • Among those on the invite list are Qualcomm and Intel, both of whom do significant business in China and with Huawei, specifically.

Why it matters: Several U.S. companies say the broad ban on business with Huawei, especially in the unit that makes phones and laptops, is hurting American companies without protecting national security.

  • In June, President Trump announced he would lift many of the restrictions, but left details unclear.

The bottom line: If nothing else, perhaps the companies will leave with a better understanding of the Trump administration's moving-target rules.

Go deeper, via Bloomberg: Mnuchin, Kudlow invite U.S. tech giants to discuss Huawei ban

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Huawei rules remain murky for tech industry despite White House talks

Photo: Ina Fried/Axios

After a high-level White House meeting Monday between administration economic officials and key executives, major American producers of tech hardware still don't know what they can and can't sell to Huawei, China's controversial telecom giant.

Why it matters: Huawei has become a flashpoint for trade tensions and security concerns between China and the U.S., and the tech companies that do business with it have had to navigate a policy maze.

Go deeperArrowJul 23, 2019

How Huawei is weathering U.S. sanctions

In releasing its first half results last week, Huawei touted a "robust" 23% increase in year-over-year revenue. However, the reality for the Chinese tech giant is that a number of pieces of its business are suffering thanks to U.S. pressure and sanctions.

The big picture: The U.S. has added Huawei to a list of entities with whom U.S. firms are generally banned from doing business. But the Trump administration has delayed some of the impact of its ban and also suggested it will allow U.S. companies to seek exemptions so long as national security is not threatened. It remains unclear what will and won't be allowed.

Go deeperArrowAug 7, 2019

Podcast: The company in the middle of the U.S.-China trade war

Chinese tech giant Huawei has found itself in the middle of the escalating U.S.-China trade war, hurting both its business and those of its big U.S. suppliers.

Go deeper: How Huawei is weathering U.S. sanctions