President Donald Trump’s new order effectively blacklisting Huawei, the Chinese telecommunications networking equipment maker and smartphone giant, from the U.S. market will not hurt America in the race to build out next-generation 5G wireless technology, a well-known CEO and a top telecom investment banker who did not want to be identified told CNBC on Friday.
CNBC’s Joe Kernen reported on two emails he received from a “well-known CEO” and a “really smart telecom investment banker,” as the discussion on “Squawk Box ” turned to the president’s latest salvo in the U.S.-China trade war, a national emergency declaration over threats against American technology.
