Trump announces that the US won’t be doing business with Huawei

“We’re not going to be doing business with Huawei,” President Donald Trump told reporters on Friday, according to Bloomberg.

Trump’s announcement will prohibit US agencies and companies from buying Huawei telecoms products, unless the US and China can come to an agreement over trade. Trump said “China wants to do something, but I’m not doing anything yet. 25 years of abuse — I’m not ready so fast.”

Trump’s statement comes amid China’s refusal to buy US agricultural goods— a move that’s said to be in retaliation ofTrump’s tariffs on imports from China.