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On june 29th, as world leaders were leaving the g20 summit in Japan, President Donald Trump announced that American companies could once again start selling equipment to Huawei, China’s beleaguered tech giant. Fresh from a meeting with China’s leader, Xi Jinping, Mr Trump said that sales could proceed as long as they did not pose a “great, national emergency problem”.
Mr Trump’s word is not law, but Huawei will welcome the indication of respite. It has had a rough six weeks since the Trump administration placed limits on the export of American technology to the firm, undermining its business and creating turmoil across the tech world.