- Executive order is apparent swipe at China’s Huawei company
- Move bars business with firms posing national security risk
Donald Trump has signed an executive order declaring a national emergency and barring US companies from using telecommunications equipment made by firms officials say pose a national security risk, paving the way for a ban on doing business with China’s Huawei Technologies Co.
The executive order invokes the International Emergency Economic Powers Act, which gives the president the authority to regulate commerce in response to a national emergency that threatens the US. The order directs the commerce department, working with other government agencies, to draw up a plan for enforcement within 150 days.