Trump upped the ante in his trade dispute with China last week, announcing moves to curb Huawei’s business that are starting to have ramifications for other companies around the world. 'This is wrong behavior, so there will be a necessary response,' Zhang Ming, China’s envoy to the EU, said
-- China could retaliate against the U.S. after President Donald Trump blacklisted Huawei Technologies Co., the Chinese ambassador to the European Union said.
Trump on Friday signed an order that could restrict Huawei and fellow Chinese telecommunications company ZTE Corp. from selling their equipment in the U.S. The Trump administration, which says Chinese companies are obliged to aid Beijing in espionage, also put Huawei on a blacklist that could forbid it from doing business with American companies.
He added that China would"make the best possible effort to defend the legitimate right and interests of Chinese companies" and urged Washington"not to go further down the wrong path, to avoid further disturbances to China-U.S. relations." Washington’s actions come as the U.S. seeks to pressure China into agreeing to a wide-ranging trade deal. After Trump this month escalated a trade war with China through tariff increases on $200 billion of Chinese goods and a plan to impose levies on all further U.S. imports from the country, Zhang accused Washington of undermining more than a year of talks on an agreement.
“China has unwavering resolve to defend its legitimate right and interests,” Zhang said. “If the U.S. wants to fight, we will accompany to the end and we will also fight earnestly. In other words, the ball is in the U.S. court.”
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