OSAKA (BLOOMBERG, DPA) - United States President Donald Trump said he will allow Huawei Technologies to buy products from American suppliers, in a concession to China after talks with the country's President Xi Jinping on Saturday (June 29).

"US companies can sell their equipment to Huawei," Mr Trump said at a news conference following the Group of 20 (G-20) summit in Osaka, Japan. "We're talking about equipment where there's no great national security problem with it."

The Commerce Department last month moved to blacklist Huawei, cutting it off from US suppliers, though many companies have managed to skirt the restrictions.

Mr Trump met Mr Xi on Saturday on the sidelines of the G-20 summit in Osaka and agreed to pause the trade war between their countries.

Mr Trump said the two leaders discussed Huawei as part of their talks.

"I said that's OK, that we will keep selling that product, these are American companies that make these products. That's very complex, by the way," Mr Trump said. "I've agreed to allow them to continue to sell that product so that American companies will continue."

The US has been engaged in a global campaign to block Huawei from so-called 5G communications networks, calling the company a security threat. The Trump administration has alleged the Chinese government could use Huawei's products to spy on countries that use them in their networks.

The company has denied that it conducts espionage for Beijing.

Mr Trump last year reversed a similar ban on Huawei’s rival ZTE Corp at Mr Xi’s request. The Chinese telecoms firm that had been barred from access to American components for violating sanctions on Iran and North Korea.

Mr Trump said at the G-20 press conference on Saturday that he had removed the restrictions as a "personal favour" to Mr Xi.