Canada has announced it is banning Huawei over 5G technologies. Huawei has been deemed a “high-risk” vendor. ZTE is also included in this trade ban over the same concerns.
It’s been just about three years since Huawei was officially blacklisted by the U.S. government over concerns about the company’s network equipment. This comes following ongoing trade tension between the US and China, and now it seems that Canada is finally deciding to join the party.
In a report from Bloomberg, Canadian Prime Minister, Justin Trudeau, is nearing a final decision that would see our friends to the north also placing a trade ban on Huawei. The fallout would be similar to what Huawei and its users faced back in 2019, albeit without as large of a reaction.
The report continues to state that Canada has “delayed the decision,” in an effort to avoid provoking or “stoking tensions” between Canada and China. Relations between these two countries have continued to deteriorate in recent years, as evidenced by the arrest of Huawei’s Chief Financial Officer back in 2018. In return, China responded by imprisoning former diplomat Michael Spavor and entrepreneur Michael Kovrig.
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