President Donald Trump is expected to sign an executive order this week barring U.S. companies from using telecommunications equipment made by firms posing a national security risk, paving the way for a ban on doing business with China’s Huawei, three U.S. officials familiar with the plan told Reuters.

European countries could lose access to U.S. intelligence if Chinese gear is used in new telecoms networks.

U.S. says the Chinese telecom company’s equipment is a security risk.

State’s top cyber official cites progress in global campaign; Germany, France consider rules that could bar China 5G product.

5G technology has the potential to spark a new technological revolution, while recharging Europe’s ailing tech companies. But if the EU joins the US in waging “Tech Cold War” on China and Chinese companies like Huawei, Europe risks losing out on the advantages of this new generation of technology.

A future 5G divide may open between the US and its allies, and most of the rest of the world. Should a handful of developed nations shut out Huawei and others, those countries may have to settle for a network lacking cutting-edge technology.

Some of America's closest allies reject the U.S. argument that Huawei pose a security threat.

The U.S. has been pressuring European nations to block Huawei technology. However, unlike the U.S., Europe as a whole does not perceive China as its strategic rival. Stakes are high for Huawei to prove its good faith, but equally high for Europe, which will deal with significant economic repercussions for lagging behind in 5G.

Warning likely to cause alarm among German security circles amid persistent terror threat.