Exclusive: White House considers new year executive order to bar Huawei, ZTE purchases
Source: Reuters
WASHINGTON (Reuters) - President Donald Trump is considering an executive order in the new year to declare a national emergency that would bar U.S. companies from using telecommunications equipment made by Chinas Huawei and ZTE, three sources familiar with the situation told Reuters.
It would be the latest step by the Trump administration to cut Huawei Technologies Cos Ltd [HWT.UL] and ZTE Corp, two of Chinas biggest network equipment companies, out of the U.S. market. The United States alleges that the two companies work at the behest of the Chinese government and that their equipment could be used to spy on Americans.
The executive order, which has been under consideration for more than eight months, could be issued as early as January and would direct the Commerce Department to block U.S. companies from buying equipment from foreign telecommunications makers that pose significant national security risks, sources from the telecoms industry and the administration said.
While the order is unlikely to name Huawei or ZTE, a source said it is expected that Commerce officials would interpret it as authorization to limit the spread of equipment made by the two companies. The sources said the text for the order has not been finalized.
Read more: https://www.reuters.com/article/us-usa-china-huawei-tech-exclusive/exclusive-white-house-considers-new-year-executive-order-to-bar-huawei-zte-purchases-idUSKCN1OQ09P
sinkingfeeling
(51,281 posts)Maeve
(42,226 posts)Lurching from chaos to chaos
Sherman A1
(38,958 posts)but this game a whack a mole is not going to get the job done.
Honeycombe8
(37,648 posts)Trump doesn't know what the govt is doing or has done. And he certainly doesn't know brands of things, except for Apple. Someone told him to say this, is my guess.
ananda
(28,783 posts)..
ewagner
(18,964 posts)It's used to get somebody to pay/compensate in some way to KEEP YOU FROM DOING SOMETHING DAMAGING TO THEM...
I would suspect that there will be some concession to Ivanka's business in return for NOT implementing the executive order...
This press "leak" is meant to warn the Chinese companies to "pay up"....NOW.
Honeycombe8
(37,648 posts)It seems to me that it might be a good idea to ban them, if they are so dangerous. Apparently the Chinese are hacking through them or something like that.
GulfCoast66
(11,949 posts)Once China agrees to pay enough tribute it will be rescinded. He does not care about security for our nation. Only his bottom line.