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US Announces Export Restrictions to Cut Off Huawei From Overseas Semiconductor Suppliers

The US today moved to block global semiconductor companies from being able to ship to Huawei. A new report from Reuters explains that the Trump administration announced export restrictions designed to cut off Chinese telecom-equipment maker Huawei from overseas suppliers, threatening to ignite a new round of US-China economic tensions. "This announcement cuts off Huawei's efforts...