Trump bars US companies from using foreign telecoms posing security risk

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WASHINGTON: President Donald Trump declared a national emergency on Wednesday (May 15) barring US companies from using foreign telecoms equipment ...

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.

 

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Trump bars US companies from using foreign telecoms posing security riskWASHINGTON (REUTERS) - President Donald Trump on Wednesday (May 15) signed an executive order declaring a national emergency and barring US companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China's Huawei Technologies.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »