Verizon has not been affected by the ban on US companies doing business with Huawei , or by the US - China trade war , said CEO Hans Vestberg . The US telecoms giant uses European suppliers , does not use Huawei equipment , and is not reliant on China in any way , Vestberg said . Verizon CEO Hans Vestberg said Thursday that he's not worried about the ongoing U.S.-China trade war impacting the company's success. The Trump administration placed a ban on Chinese products in May saying that they posed national security concerns . In attempts to repair the divide between the two nations , President Trump has agreed to give the green light for some Chinese purchases of US commercial equipment .
Verizon has not been affected by the ban on US companies doing business with Huawei , or by the US - China trade war , said CEO Hans Vestberg . The US telecoms giant uses European suppliers , does not use Huawei equipment , and is not reliant on China in any way , Vestberg said . The Trump administration placed a ban on Chinese products in May saying that they posed national security concerns . In attempts to repair the divide between the two nations , President Trump has agreed to give the green light for some Chinese purchases of US commercial equipment .