WASHINGTON: President Donald Trump declared a national emergency on Wednesday barring US companies from using foreign telecoms equipment deemed a security risk - a move that appeared aimed at Chinese giant Huawei.
However, the measure - announced just as a US-China trade war deepens - is widely seen as prompted by already deep concerns over an alleged spying threat from Huawei. "Our business in the US is not very big. We are a company with global operations, so if there is this or that change in any country, the impact on our global business is very little," he said.The US portrayal of Huawei as a national security danger dovetails with Washington's wider complaint that Chinese companies are unfairly protected by the state, making fair trade impossible.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: The Straits Times - 🏆 8. / 63 Read more »