US Bans ZTE, Huawei Equipment over Security Concerns – EffectHacking
The United States has banned the use and sale of Huawei and ZTE telecom devices over
security concerns. The move is a major setback for the two Chinese companies,
which have been seeking to expand their presence in the US market. It also
raises fears of a wider trade war between the US and China.
It is unclear what will happen next. These companies will likely lose a lot of
business as they will no longer be able to sell their products in the US. This
could result in a large number of job losses.