China on Thursday warned of retaliation against US President Donald Trump’s order that effectively barred Chinese telecom giant Huawei from the US market, saying Beijing will take “necessary measures” to safeguard rights and interest of its business firms.
Escalating the bruising trade war with China, President Trump signed an executive order on Wednesday barring American companies from installing the foreign-made telecom equipment posing a national security threat, a move apparently aimed at banning Huawei from US networks.
Trump’s decision risks escalating tensions with China as the world’s two largest economies clash over whether Huawei — the world’s largest provider of telecommunications equipment - poses a spying risk to Western infrastructure networks.
The US and China are already locked in a trade battle that has seen mounting tariffs, sparking fears the conflict will damage the global economy.
