The long-expected executive order barring U.S. companies from using telecoms equipment from manufacturers deemed a national security risk - read Huawei - was finally signed on Wednesday. "The U.S. abuses export control measures and takes discriminatory measures on certain companies while making 'national security' a catch-all phrase. Policies that threaten trading partners one after another rob companies of risk-taking attitudes and the U.S. will lose credibility." On Thursday, President Macron of France said that "our perspective is not to block Huawei or any company, it is to preserve our national security and European sovereignty. "The U.S. plan to isolate Huawei on the world stage is going down like a lead balloon."

Source: Forbes May 19, 2019 04:18 UTC