China warns retaliation against Trump’s move to ban Huawei

China on Thursday warned retaliation for US President Donald Trump’s order that effectively barred Chinese telecom giant Huawei from the US market, saying Beijing will take necessary measures to safeguard rights and interest of its business firms.

Escalating the bruising trade war with China, President Trump signed an executive order on Wednesday barring American companies from installing the foreign-made telecom equipment posing a national security threat, a move apparently aimed at banning Huawei from US networks.

Trump’s decision risks escalating tensions with China as the world’s two largest economies clash over whether Huawei – the world’s largest provider of telecommunications equipment – poses a spying risk to Western infrastructure networks.