CNBC: Trump declares national emergency over threats against US technology amid campaign against Huawei
* President Donald Trump on Wednesday declared a national emergency over threats against American technology, the White House said.
* The move, done via executive order, is expected to precede a ban on U.S. firms doing business with the Chinese telecommunications company Huawei.
* The announcement comes as the U.S and China remain locked in a trade dispute.
President Donald Trump on Wednesday declared a national emergency over threats against American technology, the White House said.
The move, done via executive order, authorized the Commerce Secretary Wilbur Ross, in consultation with other top officials, to block transactions that involve information or communications technology that “poses an unacceptable risk to the national security of the United States.”
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