“No charges have been formally brought. And any evidence of whether Huawei is a threat to national security has been locked in a classified report that can be viewed only by a select few in government.
That has created an ideal environment for U.S. businesses to gain an upper hand. U.S. lawmakers have warned companies to stop doing business with Huawei and ZTE, another Chinese telecom equipment provider. In recent years, U.S. officials have thwarted two attempts by Huawei to buy U.S. firms.” (Washington Post)
In U.S. trade law, companies are innocent until proven foreign.
FEE Timely Classic
“On Trade and Currency Manipulation” by Donald J. Boudreaux
“U.S.-China Relations after CNOOC” by James A. Dorn