Trump order bans US firms from dealing with Huawei2019-05-16 17:34 by DanielaTags: Huawei
President Trump has signed an executive order that paves the way for the US government to ban technology sales from Chinese vendor Huawei and anyone else it views as a national security threat. The order authorizes the commerce secretary to block any transaction involving communication technologies built by companies controlled by a foreign adversary that puts US security at "unacceptable" risk or poses a threat of espionage or sabotage to US networks. Huawei issued a statement today objecting to the recent actions of the US government: "This decision is in no one's interest," the company said. "It will do significant economic harm to the American companies with which Huawei does business, affect tens of thousands of American jobs, and disrupt the current collaboration and mutual trust that exist on the global supply chain." Huawei also claimed it is committed to finding ways to remedy the current situation and wants to "mitigate the impacts of this incident." The US government has long argued that Huawei equipment poses a national security threat, and could be used by Beijing for spying. It's lobbying allies to exclude Huawei from next-generation 5G wireless networks. And earlier this year, the Trump administration filed criminal charges against Huawei, claiming that the company stole trade secrets from T-Mobile and violated US sanctions on Iran. The decision comes against the backdrop of a few new twists in the Washington-Beijing trade spat, with the sides having recently engaged in a new round of tariffs on imported goods. Read more -here-
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