Trump’s policy on dealing with Xi Jinping ’s China has seen Chinese tech firms placed on an “entry list”. This has stopped US firms doing business with these Chinese firms, and thus hampering their ability to advance Chinese development of AI and machine learning.
However, Trump is keen to strike a trade deal before the next election. This could see him remove Huawei from the entry list, as part of a future deal. This could prove disastrous to the US economy long term.
The next fight is over who controls 5G technology. If Trump holds his nerve US companies have the technology to control the market. However is Huawei accesses US technology they could control the market.
The Chinese telecoms giant and 70 of its affiliates have been placed on an “Entity List”. The list bans companies from acquiring US technologies without the government’s approval.
Commerce Secretary Wilbur Ross said the President backed the move saying, it was to “prevent American technology from being used by foreign owned entities in ways that potentially undermine U.S. national security or foreign policy interests.”
Earlier in the day the President signed an executive order banning US companies from using telecommunications technology from firms deemed to pose an national security risk.