"There is real risk," Pompeo told CNBC.

"For too long ... presidents from both parties have ignored the challenges that were presented to American workers, to American technology and to American national security that China presents. ... The decision that was made to list Huawei had an enormous national security component to it. The company is deeply tied not only to China, but to the Chinese communist party. And that connectivity, the existence of those connections puts American information that crosses the networks at risk," he said.