Trump Signs $1B Bill To 'Rip And Replace' Huawei, ZTE Gear
Law360 (March 12, 2020, 6:01 PM EDT) -- President Donald Trump on Thursday signed a bipartisan bill that earmarks up to $1 billion for a federal initiative to replace telecom equipment manufactured by Huawei, ZTE and other firms deemed a national security risk.
The Secure and Trusted Communications Networks Act, which cleared Congress late last month, sets up a $1 billion fund to reimburse carriers amid the Federal Communications Commission's national security-focused effort to scrub Huawei Technologies Co. and ZTE Corp. gear from U.S. telecom networks.
The measure also cements a blacklist designation that agency leadership put in place in November barring U.S. telecoms from working with the Chinese tech companies.
“The security and...
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