US announces new restrictions on China’s Huawei to limit technology access

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COURTESY BY: https://www.hindustantimes.com/ The Commerce Department announced further restrictions on Huawei Technologies Co. aimed at cutting the Chinese company’s access to commercially available chips, the latest move in an increasingly tense relationship between Beijing and Washington. The changes, which the department announced in a written statement on Monday, build on restrictions announced in May, adding 38 Huawei affiliates in 21 countries to an economic blacklist as the US seeks to limit adoption of the company’s 5G technology. “We don’t want their equipment in the United States because they spy on…