"It looks like we are not going to do business," Trump said, adding to confusion surrounding the future of the Chinese tech giant, which was added to a U.S. trade blacklist in May.
"Two bullets fired at our consumer business group unfortunately hit the oil tanks," billionaire CEO Ren Zhengfei reportedly wrote in a letter to the company dated August 2, 2019.
"If you didn't trust Huawei hardware running Android then you aren't going to trust Huawei hardware running their own operating system," one cybersecurity expert told Newsweek.
"If the president's deal goes too far, Congress would certainly act to reverse it," Sen. Mark Warner told Newsweek after president Trump indicated that a trade ban on the company would be eased.
"In no way should Huawei be used as a bargaining chip in trade negotiations," U.S. senators Mark Warner and Marco Rubio wrote in a letter, published today.
The U.S. social media company told Newsweek that it is "taking steps to ensure compliance" with a trade ban placed on the Chinese technology company last month.
The Trump administration blacklisted Huawei in May.
"Bannon is addicted to the rhetoric of general war on China," the Global Times newspaper said.
Economic pressure on the company comes as the trade battle between the U.S. and China continues to escalate.
The president told Fox News that Beijing "took advantage of us for many, many years."
The trade war between the world's two largest economies has escalated over the last few weeks, after Washington imposed punitive tariffs on Chinese products.
"New technologies are arming governments with unprecedented capabilities to monitor, track and surveil individual people," said Steven Feldstein.
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In the U.S., Huawei is outlawed. Across Europe, it continues to thrive—and today revealed two new devices.
Smartphone giant Huawei reveals its first foldable phone. "5G is on, 5G is here," one company representative proclaimed.
"You're talking to our allies over there and you wonder whose side they're going to be on," Senator James Inhofe warned.
China promises response if Washington pushes forward with its demand for the extradition of Huawei CFO Meng Wanzhou, who was detained in Canada in December.
Ambassador Lu Shaye rebuked Canada's arrest of Huawei CFO Meng Wanzhou.
"[We] call for their immediate release," said Canadian Foreign Minister Chrystia Freeland.
Two other prominent Canadians have been arrested in China this month, following the high-profile detention of Huawei Chief Financial Officer Meng Wanzhou.
Throughout China, there has been an increasing perception that the arrest of Huawei's CFO was a "political kidnapping" carried out in conjunction with the United States.
Trump told Reuters on Tuesday that he could intervene in the ongoing case of Chinese Huawei CFO Meng Wanzhou, who was detained on December 1 in Vancouver, if it would help him make a trade deal with Beijing.