US Expands Sanctions On China’s Huawei Tech Giant

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The United States expanded its sanctions against the Chinese Huawei tech giant on Monday, banning foreign companies from selling chips to the enterprise if they have been made using US software or equipment.

Commerce Secretary Wilbur Ross announced that under the new rules, companies would have to apply for a license in order to conduct such transactions.

An earlier round of sanctions announced in May banned foreign companies from selling Huawei chips designed by its own subsidiary HiSilicon.

Read more at i24NEWS.

{Matzav.com}

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