US Shouldn’t Block Technology, Says Trump For 5G

The United States should become global leaders in technology not through blocking others but through competition, said the US president Donald Trump.

American firms must “step up their efforts, or get left behind”, Trump said.

While not specifically mentioning the name of the Chinese tech giant Huawei, Trump’s comments were interpreted by analysts to be a change in stance on the Chinese firm by Trump.

For the last many months, the Trump administration has been pressing its allies to put ban on the Chinese etch company and to not allow the company from participating in the construction of the 5G networks for mobiles in their countries over concerns of the equipment being used for spying on them for by Chinese agencies.

While there have been some countries such as Australia and New Zealand that have banned Huawei from participating in supply any equipment for the construction of the 5G networks for mobiles in their countries, there are some US allies such as the United Kingdom that have said that they would be able to manage the risks is any.

Trump said in a tweet that he wanted “5G, and even 6G, technology in the United States as soon as possible”. “I want the United States to win through competition, not by blocking out currently more advanced technologies.” “American companies must step up their efforts, or get left behind,” he said.

The comments from Trump was preceded by a recent interview by Huawei’s founder Ren Zhengfei in which he appeared to be adamant about his company’s claim of being innocent of the espionage charges and said there was “no way the US can crush” the company.

Last week, cyber security experts of the UK confirmed in a report that the agencies in the country would be able to successfully manage any risk that could threaten the security telecom of the country arising out of any equipment that is supplied by Huawei for the telecoms projects in the country. And according to some recent reports in the media, authorities in Germany too are not currently willing to impose a blanket ban on Huwaei to exclude it completely from the construction of the 5G networks in the country.

According to some analysts, Huawei has been caught in the cross fire in the much broader trade dispute between the two largest economies of the world – the US and China even as the trade representatives from both side gold meeting and negotiations to bring an end to the seven month old trade war. Both the countries have already imposed import tariffs on each others’ foods worth billions of dollars since July last year.

There have been tree rounds of negotiations between representatives of the two countries during a 90 day truce to the trade war that was agreed upon by Trump and his Chinese counterpart Xi Jinping during their meeting on the sidelines of the G20 summit in Argentina last year.

(Adapted from BBC.com)

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Categories: Economy & Finance, Entrepreneurship, Geopolitics, Regulations & Legal, Strategy, Sustainability, Uncategorized

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