Imagine what kind of leverage communist China would have over us if Huawei controlled the flow of information on which our increasingly digitized economy and society depends.
Cooler heads have to prevail to ensure Meng Wanzhou’s arrest doesn’t become a catalyst that worsens the trade war.
This is the first time a U.S. president has used executive powers to block a private company’s acquisition. It all boils down to a race against China over 5G technology.
Federalizing 5G is infeasible and would severely damage the U.S. telecom and Internet sector, one of the brightest spots in the U.S. economy.
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