Trump order against Huawei takes aim at Chinese spy threatBusiness | 16 May 2019 12:49 pm
It appears the law invoked by the US President Donald Trump in Wednesday’s executive order, the 1977 International Emergency Economic Powers Act, has never before been declared in a way that impacts an entire commercial sector.
It has routinely been used to freeze the assets of designated terrorists and drug traffickers and impose embargoes on hostile former governments.
The order addresses U.S. government concerns that equipment from Chinese suppliers could pose an espionage threat to U.S. internet and telecommunications infrastructure. Huawei, the world’s biggest supplier of network gear, has been deemed a danger in U.S. national security circles for the better part of a decade.
U.S. justice and intelligence officials say Chinese economic espionage and trade secret theft are rampant. They have presented no evidence, however, of any Huawei equipment in the U.S. or elsewhere being compromised by backdoors installed by the manufacturer to facilitate espionage by Beijing. Huawei vehemently denies involvement in Chinese spying.-AP