Trump Targets Huawei
Description
As the trade fight between the United States and China intensifies, one company has found itself in the center: Huawei. Despite its humble origins, the Chinese tech giant has become the second largest cellphone maker and largest provider of telecom equipment in the world. Only Samsung sells more smartphones than Huawei.
But the company’s close ties to the Chinese government have concerned U.S. intelligence officials for years. This month, President Trump issued an executive order effectively banning U.S. companies from doing business with Huawei, citing potential threats to national security.
This week on Money Talking, Charlie Herman talks with David Sanger, national security correspondent for The New York Times, about what the administration's actions against Huawei could mean for the U.S, from trade to our relationship with our allies to the future of 5G cellular technology.
As the Chinese firm becomes a possible bargaining chip in the ongoing trade fight between the U.S. and China, Sanger says the big question is, “Is the end state some kind of American victory as President Trump frequently refers to, or is that we’ve divided the internet into an authoritarian side run by China and Chinese companies, and a free chaotic, sometimes abusive side, run by western companies?”