President Trump’s declaration of a national emergency and executive order banning tech products made by US adversaries isn’t likely to affect consumers here anytime soon.
Although the order is broad, it’s widely expected to be used to target China and Chinese equipment maker Huawei.
It likely will be applied to equipment purchased by telecommunications companies, not consumer products and almost certainly won’t be applied to iPhones or other goods made in China for US firms.
It’s unclear exactly when the rules implementing the order will take effect or precisely what they’ll cover.
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President Donald Trump made a dramatic move Wednesday when he declared a national emergency and issued an executive order banning the import of technology products and services from US adversaries.
The action, which appeared to be targeted at China in general and at Chinese equipment maker Huawei in particular, seemed likely to ratchet up the trade tensions between the two countries. It also seemed likely to put further pressure on Huawei’s business and that of its partners. And because of how broadly the order was written, it could potentially be applied to a vast swath of goods and services, since so many technology products — even those that carry US brand names — are made in China.
Read this: Trump declares a national emergency, which could set up a huge blow to China’s Huawei
It’s not clear exactly how the order will be implemented. But at least for now, it likely will have little effect on everyday consumers. So you shouldn’t worry about being barred from purchasing a Huawei phone — much less an iPhone — anytime soon.
What kinds of products will be barred from being imported into the US under the emergency order? Communications and technology equipment and services.
Which countries’ products are affected …read more
Source:: Business Insider