U.S. justice and intelligence officials say Chinese economic espionage and trade secret theft are rampant. They have presented no evidence, however, of any Huawei equipment in the U.S. or elsewhere being compromised by backdoors installed by the manufacturer to facilitate espionage by Beijing. In a statement, Federal Communications Commission Chairman Ajit Pai called the executive order "a significant step toward securing America's networks." 2 telecoms equipment company, should be excluded as enablers of Beijing-directed espionage. The domestic economic impact will be restricted mostly to small rural carriers for whom Huawei equipment has been attractive because of its lower costs.

Source: ABC News May 15, 2019 21:06 UTC