Huawei

The Chinese national security threat is bigger than Huawei

In this illustration, a bomb is decorated with China's flag.
Illustration: Aïda Amer/Axios

The consensus in Washington is increasingly clear: The security threat to the U.S. from Chinese firms is bigger than just Huawei.

Why it matters: If the administration views every Chinese company with suspicion, it could prolong the trade war and put the U.S. and China on a crash course toward a swift technological decoupling.

George Soros wary of Trump's stance on Huawei

US investor and philanthropist George Soros speaks into a microphone.
U.S. investor and philanthropist George Soros. Photo: Fabrice Coffrini/AFP/Getty Images

Billionaire George Soros wrote in a Wall Street Journal op-ed on Tuesday that he is worried the Trump administration may use the ban that prevents U.S. companies from doing business with telecom giant Huawei as a bargaining chip in U.S.-China trade talks.

Why it matters: Soros, a longtime target of conservatives, praised Republicans for introducing amendments to prevent the president from removing Huawei as a national-security threat without the consent of Congress. But the legislation is at odds with the president's desire to relax restrictions.