Trump administration to ban Huawei from doing business with US government [FOX Business Network]
ZTE CORP UNSP/ADR (ZTCOY)
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Source: FOX Business Network
Trump administration to ban Huawei from doing business with US government video Sen. McConnell: Huawei is a threat Senate Majority Leader Mitch McConnell, R-Ky., on concerns over the threat from Huawei and its impact on U.S. trade talks with China. The White House Continue Reading Below The Office of Management and Budget is set to issue an interim rule this week that will lay out the steps to ensure that government agencies aren’t buying products from Huawei and several other Chinese companies. “The Administration has a strong commitment to defending our nation from foreign adversaries, and will fully comply with Congress on the implementation of the prohibition of Chinese telecom and video surveillance equipment, including Huawei equipment,” OMB spokesman Jacob Wood said. Huawei did not immediately respond to a request for comment. MORE FROM FOXBUSINESS.COM... The rule applies to Huawei, ZTE and all of their subsidiaries. The rule banning buying services or any video surveillance
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