Fearing Chinese infiltration, Trump administration considers publishing blacklist of companies using risky supply chains

  • 📰 YahooNews
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 59%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Fearing Chinese infiltration, Trump administration considers publishing blacklist of companies using risky supply chains by JennaMC_Laugh

WASHINGTON — Amid intensifying warnings about foreign spies and criminals infiltrating new 5G networks and the military supply chain, the Pentagon has been considering publicly releasing a “blacklist” of companies it believes could pose risks to its weapons based on using risky suppliers.

Trying to guard the supply chain is no easy task. At Lockheed Martin, one of the Pentagon’s largest contractors, there are over 20,000 different companies in the supply chain, according to James Connelly, the company’s vice president and chief information security officer, speaking at the same event.

But blacklisting a company because of its supply-chain risks may prove to be difficult to implement. Although such a blacklist might be helpful for counterintelligence, naming and shaming U.S. companies will open up the government to lawsuits. An alleged offender determined to make a sale could disappear and reappear under a slightly different name months later, said one senior national security official.

Both efforts have required a broad — but still undefined — strategy beyond bans and blacklists, say officials, who acknowledge there are few easy solutions. Upal Basu, of NGP Capital, the investing arm backed by Nokia that has invested in companies in the United States and China, says the focus should be on the United States working to maintain its own advantage in 5G “instead of focusing on Huawei.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

JennaMC_Laugh lol - all the while trying to get china trade deal -- oh well america has trump and is in decline -XI and china will bury trump

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 380. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Progressive House Democrats rebuke DCCC 'blacklist' of companies working with primary challengers to incumbent DemocratsCNN News, delivered. Select from our newsletters below and enter your email to subscribe. Get rid of your socialist, libs, or face Extinction. Socialism isn't allowed in America, by force if necessary. Just sayin maga Progressives rock hard!
Source: CNN - 🏆 4. / 95 Read more »

Fearing a No-Deal Brexit, British Companies Hoard Like It’s WartimeU.K. manufacturers have built supply chains and export markets around free trade with Europe. A sudden end would rupture one of the world’s most advanced, cross-border assembly lines. The resulting stockpiling of supplies risks crimping growth—a problem that will continue even if there is an orderly exit from the EU. if you cannot trade after we leave or you are abused with changes then that is the EU abusing it's position and abusing people as nothing needs to change for leaving unless this is about control and not being free EU, Tusk have made a serious proposition of 1 year time term, in orderfor the U.K. be prepared for Brexit, avoiding the current chaotic situation.
Source: WSJ - 🏆 98. / 63 Read more »

British Companies, Fearing No-Deal Brexit, Hoard Like It’s WartimeU.K. manufacturers have built supply chains and export markets around free trade with Europe. A sudden end would rupture one of the world’s most advanced, cross-border assembly lines. The resulting stockpiling of supplies risks crimping growth—a problem that will continue even if there is an orderly exit from the EU. white nationalism borderless irrationalism We're really not....
Source: WSJ - 🏆 98. / 63 Read more »