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President Donald Trump on Wednesday declared a national emergency over threats against American technology, the White House said.
The move, done via executive order, is expected to precede a ban on U.S. firms doing business with the Chinese telecommunications company Huawei, though the order does not refer to Huawei directly.
The article goes on to state the following:
The order authorizes the Commerce Secretary Wilbur Ross, in consultation with other top officials, to block transactions that involve information or communications technology that “poses an unacceptable risk to the national security of the United States.”
President Trump’s executive order declares a national emergency allowing the government to block the purchase of tech linked to foreign adversaries https://t.co/gSP2ns6IDg
— POLITICO (@politico) May 15, 2019
President Trump declares a national emergency to protect US computer networks from “foreign adversaries” https://t.co/UQfJmRls5x
— BBC Breaking News (@BBCBreaking) May 15, 2019
To get more information about this article, please visit CNBC.