WASHINGTON/NEW YORK (Reuters) -- President Donald Trump on Wednesday extended for another year an executive order signed in May 2019 declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a national security risk.
The order invoked the International Emergency Economic Powers Act, which gives the president the authority to regulate commerce in response to a national emergency that threatens the United States. U.S. lawmakers said Trump's 2019 order was aimed squarely at Chinese companies like Huawei Technologies Co and ZTE Corp.