Trump to allow U.S. firms to sell technology to Huawei and promises farmers they would win from new talks, in wide-ranging news conference
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. Trump expressed hope that the measures would lead to a large trade deal with China, though major issues remain and...