Don’t expect Senator Marco Rubio (R) to be receiving and invitation to visit China anytime soon, as the junior senator from Florida has all-but unilaterally waged a “cold war” against Chinese telecom companies being allowed to operate in the U.S.It goes without saying, but I will say it anyways, that the national security risks posed to the U.S. with a Chinese-government run telecommunications company operating in the U.S., could be nothing less than catastrophic.
President Trump agrees, and now his administration is blocking China Mobile from doing business in the U.S. because the firm poses a national security risk.
But ZTE Corp, another Chinese company Rubio opposes, who was slapped with a “supplier ban” in April, could see that ban lifted.
Another Chinese firm that has been caught in the crosshairs of the trade spat is ZTE Corp (000063.SZ) (0763.HK).
— Marco Rubio (@marcorubio) July 3, 2018
China’s No. 2 telecommunications equipment maker was forced to cease major operations in April after the United States slapped it with a supplier ban saying it broke an agreement to discipline executives who conspired to evade U.S. sanctions on Iran and North Korea. -Reuters
Tell me why would we ever allow government-controlled companies from countries that work against our best interests to operate in the U.S.?