I recall the times when this was being discussed and from an European perspective it seemed curious that the US tech crowd was so eager to ban Huawei products — especially after there being multiple cases of back-/bugdoors in the gear of american vendors, while at that point there was none with Huawei gear that we knew of.
I don't trust chinese gear. But I also don't trust the gear built in a nation where the patriot act is active.
The answer is to use a propper vendor mix and to think carefully what is used where.