Executive orders

Expert Voices

Trump may stop Huawei in U.S., but the underseas cable race continues

floating dock with workers installing underseas cable
Workers laying cable in the Baltic Sea. Photo: Jens Köhler/ullstein bild via Getty Images

President Trump's executive order and the Commerce Department’s “Entity List” create new challenges for Huawei’s 5G wireless technology in the U.S. But in the meantime, the Chinese telecom giant is racing ahead under the world’s seas.

Why it matters: Globally, about 380 submarine cables carry the vast majority of international data, from cloud computing to text messaging. These cables will only become more important with the arrival of 5G and other services that will increase the speed and volume of data being transferred.

Trump rolling out executive orders for energy companies

Donald trump fist pumping at a podium
President Trump. Photo: than Miller/Getty Images

Trump will announce 2 executive orders in Houston on Wednesday to help energy companies "avoid unnecessary red tape" in order to speed up development of pipelines and other projects, a White House aide said.

Why it matters: While U.S. oil and natural gas production is already at record levels, companies have chafed at the regulatory process for some infrastructure projects, notably battles over gas pipelines in the Northeast.