Huawei is one of few potent levers we have to make China play fair on trade.

If President @realDonaldTrump backs off, as it appears he is doing, it will dramatically undercut our ability to change China’s unfair trades practices.https://t.co/rja8CDs2T4

— Chuck Schumer (@SenSchumer) June 29, 2019

Shumer hits the nail on the head here. Get ready for some 4th of July fireworks on the new Huawei story this week. It will show what deep investigative reporting can unearth. Huawei is the modern day Trojan Horse and Trump might be rolling it into our gates celebrating his “win”. https://t.co/Vp7NM8kFqp

— Kyle Bass (@Jkylebass) June 29, 2019

Undercutting the claims of national security concerns cuz ‘deals’. No one believes anything the US says. And they probably shouldn’t. https://t.co/zeG35VYXaI

— Patrick Skinner (@SkinnerPm) June 29, 2019

By agreeing to weaken restrictions on #Huawei, Trump not only undermined his own government, he undermined the entire argument #Huawei is a real national security threat. #facepalm https://t.co/BzuM8QA0Na

— Josh Rogin (@joshrogin) June 29, 2019

President Trump’s decision to allow U.S. products to be sold to Huawei eases the administration’s toughest measure against the hobbled Chinese tech champion, though it isn’t clear how far the reprieve will go https://t.co/zAAMNfWXjD

— The Wall Street Journal (@WSJ) June 29, 2019

Just to be clear, Huawei still isn’t off the ‘entity list’ which means US companies will still require some sort of approval from the Trump administration before selling their components to the company.

But yes, this is certainly some good news for Huawei. https://t.co/4slCR2hqCI

— ??????? ????? (@singh_saurabh10) June 29, 2019

THREAD: 1/ The #G20 summit ended with a trade war truce and an unexpected invitation for a meeting on the North Korean border. Here are the main takeaways from our reporter @sdonnan https://t.co/PVWr5EV9tv

— Bloomberg (@business) June 29, 2019

The big surprise was Trump’s decision to at least partially lift a U.S. blacklisting of Chinese tech giant Huawei. That will help ease fears the U.S. and China are heading into a new technological cold war, at least in the short term. https://t.co/l1ZkGHNOLh

— 肯尼迪 Ole Mmari Snr. (@KennedyMmari) June 29, 2019

By tossing a lifeline to Huawei Trump reveals his hand: He sees Huawei as pawn in trade negotiations rather than as a national security threat (which there is ample evidence of). https://t.co/DOQkvkZnrV

— Tim O'Brien (@TimOBrien) June 29, 2019

Our intelligence community has made it abundantly clear Huawei puts the security of our communications at risk. If it’s national security versus Huawei, the answer should be national security. https://t.co/fAmyDmLKcZ

— Cory Gardner (@SenCoryGardner) June 29, 2019

5/ That will help ease fears the U.S. and China are heading into a new technological cold war, at least in the short term. Though Trump said he would link a final decision on Huawei to success in trade negotiations. https://t.co/7aqNUbMHCB

— Bloomberg (@business) June 29, 2019

Trump's decision to allow US companies to deal with Huawei follows a letter from the US this month, warning Indian companies against dealing with Huawei. Go figure. https://t.co/E2HcUDHbdW https://t.co/gHxr1C16hI

— Suhasini Haidar (@suhasinih) June 29, 2019

Trump at the G-20 summit on Saturday said he'll allow U.S. companies to sell to Chinese tech giant Huawei and won't put new tariffs on China for the "time being."https://t.co/dYauUKN8lk

— Axios (@axios) June 29, 2019

In other words, this was far more about the trade war with China than it was about national security policy. Now perhaps Britain will be able to take its decisions about its 5G infrastructure. https://t.co/3FBQxY7Vvi

— Peter Ricketts (@LordRickettsP) June 29, 2019

This looks slightly better than what Street was looking for.
-pause on escalation
-@Huawei restrictions easing

That no material new terms/concessions coming out is not a setback since a ‘real deal’ was always a remote possibility https://t.co/b6A7arb5hj

— Thomas Lee (@fundstrat) June 29, 2019

Schumer’s discourse on Huawei is actually consistent with Trump’s — policy on Huawei and 5G is a bargaining chip in trade talks. But some nat sec officials view it as a global security risk that must be contained, maybe crippled. Microcosm of China debate. Which view will win? https://t.co/FfnsSB2cWR

— Edward Wong (@ewong) June 29, 2019

#US & #China trade talks are back on track says Trump:
-No new tariffs going on
-Won't be lifting existing tariffs
-Will restart trade talks
-Made a concession related to Huawei but issue must wait until the very end
-US firms can sell equip to Huawei
1/4

— ForexFlow (@forexflowlive) June 29, 2019

...national security issues with Huawei be damned, it seems. This is a bad call, and it shows how short-sighted transactional politics can be for national security. https://t.co/cFutoT2z7Z

— Luke O'Brien (@luke_j_obrien) June 29, 2019

#Trump to lift some restrictions on #Huawei as part of #China truce https://t.co/2xYbeNiPch via @engadget

— Global China Platform (@Global_China_NT) June 29, 2019

Trump said only the @Huawei equipment that isn’t associated with “great national security problems” will be allowed.https://t.co/SmMRIWg5GY

— Tech2 (@tech2eets) June 29, 2019

Trump throws Huawei a lifeline, but it hasn’t reached safe harbor yet https://t.co/DCuPqxHind @WSJさんから

— どですか (@goosaygo) June 30, 2019

Huawei allowed to buy from US suppliers again https://t.co/dTIraWHBDP @xdadevelopers

— TengoAndroid (@TengoAndroid) June 29, 2019