US Kudlow Says American Tech Companies Want a Quick Huawei Exception

July 23, 2019 Share Print 0

U.S. telecommunications companies are pushing the Trump administration to move quickly on applications seeking exemptions to Huawei’s blacklisting, White House economic adviser Larry Kudlow said in a Fox News interview on Tuesday.

“Their only real ask was that as we’ve opened up the non-national security aspects of selling equipment to Huawei, that we can speed it up a little bit, that the Commerce Department will process applications so they can speed things up,” Kudlow told Fox.

Kudlow made the comments one day after executives from a number of top tech companies attended a meeting at the White House to discuss the issue.

via Reuters

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Alfonso Esparza

Senior Currency Analyst at Market Pulse

Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency
trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.