President Trump declared a national emergency over threats against American technology, the White House said. - CNBC
President Donald Trump on Wednesday declared a national emergency over threats against American technology, the White House said.
The addition means that U.S. companies cannot sell or transfer technology to Huawei without a license issued by the BIS. That could make it harder for Huawei to do business, as it depends on some U.S. suppliers for parts. The order had been opposed by small rural carriers, who continued to rely on Huawei equipment even after it was largely dropped by the larger telecommunications companies.
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