As seen on:
ntv-logo sky-logo comedy-central-logo

US President Trump signs executive order targeting Huawei, affiliates

  • American Intelligence officials fear that China could intercept and shut down networks in the event of a conflict.
  • Shares of Huawei suppliers and its smaller rival ZTE Corporation slumped in Asia today.

US President Donald Trump signed an executive order on Wednesday that bars US companies from using telecom equipment manufactured by foreign companies that pose a threat to US national security, targeting Huawei Technologies and its affiliate companies. The banned firms will not be able to acquire components and technology from US-based companies here on without the prior approval of the Government.