The daily business briefing: March 7, 2019

Huawei sues the U.S. over a ban on its products, Amazon says it will close all 87 of its pop-up stores, and more

Huawei's rotating chairman Guo Ping (C) speaks during a press conference in Shenzhen, China's Guangdong province on March 7, 2019.
(Image credit: Wang Zhao/Getty Images)

1. Huawei sues U.S. over ban on its products

Embattled Chinese tech giant Huawei said Thursday it had filed a Texas lawsuit against the U.S. government, challenging a ban on its products. The National Defense Authorization Act prohibits federal agencies and contractors from purchasing equipment made by Huawei and another Chinese company, ZTE Corp. "This ban not only is unlawful, but also restricts Huawei from engaging in fair competition, ultimately harming U.S. consumers," Huawei Deputy Chair Guo Ping said. The lawsuit is the most aggressive move to date by Huawei against allegations from the Trump administration that its equipment can be used to spy for China. The U.S. considers Huawei a security threat and wants to keep it from building 5G networks worldwide.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.