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Trump Declares National Emergency to Contain China Threat

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Trump Declares National Emergency to Contain China Threat

The Trump administration has turned up the heat on China after declaring a national emergency designed ostensibly to protect US networks from “foreign adversaries.”

Although China and Huawei are not named in the declaration, it is widely seen as a move designed to target the latter. It will effectively extend the federal ban on Huawei equipment to all US firms.

Separately, and perhaps even more importantly, the Shenzhen giant and 70 affiliates have been placed on an “entity list.”

This means that it will not be able to source key ...

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