US President Donald Trump declared a national emergency and signed an executive order that bans U.S. companies from using foreign telecom services that could pose a national security threat.
With this decision, Trump effectively bans companies from using Huawei, China’s largest telecom company.
Trump’s order instructs Commerce Sectary Wilbur Ross to prohibit transactions that pose an unacceptable risk to national security and the safety of U.S. citizens.
The order does not name any company, but is believed to target Huawei.
The Chinese tech giant said restricting its business in the US would only hurt American consumers and companies.
Several countries, led by the US, have raised concerns in recent months that Huawei products could be used by China for surveillance.
Huawei is expected to dominate the 5G market, creating concerns that it could boost the country’s ability to spy on Americans.
Via CBS News