Huawei said further attempts to restrict it from the U.S. market will make the country fall behind in 5G and could also raise 'serious legal issues.'
that gives the government authority to block transactions that involve information or communications technology that "poses an unacceptable risk to the national security of the United States."
While Huawei isn't named in the policy, the U.S. has long-accused the Chinese telecoms equipment maker of being closely-linked to China's ruling Communist Party. Washington has also alleged that Huawei's telecom equipment poses a national security risk because it could be used by Beijing for espionage. Huawei has denied all of these claims.
"Huawei is the unparalleled leader in 5G. We are ready and willing to engage with the US government and come up with effective measures to ensure product security," a spokesperson for the company told CNBC.
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