US targets Huawei with tighter chip export rules; China could retaliate

The new rule prohibits semiconductor manufacturers that use US technology and software in chip design from shipping to Huawei without the US government's permission

The United States on Friday announced new rules targeting Chinese telecommunications equipment company Huawei Technologies, in a move that could ruffle up more feathers in the Asian nation.

The US Department of Commerce announced new export rules to restrict Huawei's acquisition of American technology to build its semiconductors and chipsets, a Reuters report said.

The Trump administration will continue to restrict exports to Huawei, with a new rule issued yesterday, which will block companies around the world from using American-made machinery and software to design or produce chips for the Chinese telecom firm of its entities.

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