China has reportedly picked US targets to strike back at in response to new restrictions on its telecom giant Huawei, as Washington attempts to cut the firm off from global semiconductors supplies.
As tensions continue to escalate between the world’s two biggest economies, the US Commerce Department announced on Friday that it was amending an export rule and the Entity List to “narrowly and strategically target Huawei’s acquisition of semiconductors that are the direct product of certain US software and technology.”
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