Skip to content
Sunday 2 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
City PM

European business, markets and politics

FTSE 100
10,868.05
-0.27%
DAX
25,629.24
+0.07%
CAC 40
8,509.64
+0.28%
STOXX 50
6,358.01
+0.21%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Sunday 30 June 2019 6:43 pm

US lift of Huawei ban is not a general amnesty, warns top White House adviser

By: James Warrington

Add as a preferred source on Google
WASHINGTON, DC - JUNE 18: Director of the National Economic Council Larry Kudlow speaks to members of the media after a TV interview at the ground of the White House June 18, 2019 in Washington, DC. President Donald Trump had a phone call with Chinese President Xi Jinping this morning and the two leaders are expected to meet during the G20 Summit from June 28 to 29, 2019 in Osaka, Japan. (Photo by Alex Wong/Getty Images)
Larry Kudlow said Huawei will remain on a trade blacklist

US President Donald Trump’s decision to lift the ban on American firms selling to Chinese tech giant Huawei is not a “general amnesty”, his top economic adviser has warned.

National Economic Council chairman Larry Kudlow said the move will only apply to products widely available around the world, with the most sensitive equipment still subject to a ban.

Read more: Nokia disowns executive’s attack on Huawei security

“All that is going to happen is [the Department of] Commerce will grant some additional licences where there is a general availability,” he told Fox News.

Kudlow said that US microchip firms in particular were selling products that are “widely available” from other countries.

“The national security concerns will remain paramount,” he added.

Trump’s decision to relax the restrictions on the embattled Chinese firm was a key part of the agreement reached during talks with President Xi Jinping at the G20 summit, as the two sides look to reopen trade negotiations. 

But the move has attracted fierce criticism from US senators over fears Huawei’s equipment could be used for spying by Chinese authorities.

“If President Trump has agreed to reverse recent sanctions against Huawei he has made a catastrophic mistake,” wrote Republican senator Marco Rubio in a tweet.

Read more: Blanket bans ‘not the answer’ to Huawei question, report warns

Lindsay Graham, another Republican senator, told NBC there would be “a lot of pushback” if the move turned out to be a major concession to Huawei.

But Kudlow insisted Huawei will remain on a trade blacklist as a potential threat to national security, adding that wider concerns about Huawei will be a key part of renewed trade discussions between the two countries.

Read more

Kids aren’t using VPNs to watch porn and skirt social media bans, VPN firms say

Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Tech

Trending Articles

  • FCA crypto crackdown will ‘wipe out’ bad actors, says Coinbase boss 

  • Manchester United’s new stadium is a test of sports finance – but markets have a solution

  • FIA Completes ‘Deal of the Century’ for FIA World and European Rally Championships

  • Fifa won’t fix itself – scrap it now and set up a World FA, led by Uefa and South America

  • Healey announces early Budget

More from City PM

  • Kids aren’t using VPNs to watch porn and skirt social media bans, VPN firms say

    Tech
    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Kendall blasts ‘unacceptably slow’ online safety laws as VPN loophole grows

    Tech
    Work and Pensions Secretary Liz Kendall is in charge of reforming the state pension and benefits system
  • Tiktok pledges three-stage age checks as it pilots alcohol sales

    Tech
    Tiktok appeals to overturn US ban in a broader battle for tech regulation
  • Everton facing early termination of Stake sleeve deal as ban looms

    Sport Business
    Getty Images logo displayed on a digital screen, symbolizing media and stock photography industry presence
  • Russians are poised to compete at the LA 2028 Games as IOC lifts ban

    Sport Business
    Getty Images logo displayed on a computer screen in a dimly lit room, emphasizing its prominence in digital media.
  • Why do six Premier League clubs still not have front of shirt sponsors?

    Sport Business
    Without the article title or content, its challenging to provide specific alt text. Please provide more context or details...
  • Non-compete clauses are restraining Britain’s talent market

    Opinion
    London office workers collaborating on AI and tech projects, surrounded by computers and digital interfaces in a modern wo...
  • Social media ban driving ‘screen-free’ sales, The Works boss says

    Retail
    Gavin Peck (right) cuts a yellow ribbon with a man next to him, celebrating the StoryBus launch.
CityPM

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About City PM
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 City PM Ltd · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook