Donald Trump has declared a national emergency.
Donald Trump, who has had a long, adversarial relationship with China over trade, is gearing up to ban US companies from using Huawei products. Huawei, a Chinese tech company, currently hold a 15% share in the global smartphone market, compared to 17% for Apple.Trump's emergency declaration prohibits American telecommunications firms from installing foreign-made equipment that could pose a threat to national security.
"In addition, unreasonable restrictions will infringe upon Huawei's rights and raise other serious legal issues."
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Donald Trump set to ban US companies from using Huawei products | JOE.iePresident Donald Trump has declared a national emergency in order to prohibit companies from using tech made by Chinese firm Huawei
Read more »