Via Bloomie:
Donald Trump ratcheted up his battle with China for dominance of 5G technology networks, moving to curb Huawei Technologies Co.’s access to the U.S. market and American suppliers.
The president signed an order Wednesday that’s expected to restrict Huawei and fellow Chinese telecommunications company ZTE Corp. from selling their equipment in the U.S. Shortly afterward, the Department of Commerce said it had put Huawei on a blacklist that could forbid it from doing business with American companies.
The pair of actions risk aggravating Beijing as the president seeks to pressure China’s leaders into agreeing to a wide-ranging trade deal with the U.S. Trump has threatened to impose tariffs on almost all imports from China after last week hiking duties on some $200 billion in Chinese products.
And Reuters:
U.S. officials told Reuters the decision would also make it difficult if not impossible for Huawei, the largest telecommunications equipment producer in the world, to sell some products because of its reliance on U.S. suppliers.
Under the order that will take effect in the coming days, Huawei will need a U.S. government license to buy American technology. Huawei did not immediately comment.
Commerce Secretary Wilbur Ross said in a statement President Donald Trump backed the decision that will “prevent American technology from being used by foreign owned entities in ways that potentially undermine U.S. national security or foreign policy interests.”
And ASPI’s Peter Jennings on the UK going rogue:
China’s plan to destroy the “five eyes” intelligence network and split Western allies going swimmingly thanks to the UK.
