The U.S. government is imposing new restrictions on Chinese tech giant Huawei by limiting its ability to use American technology to build its semiconductors.

The Commerce Department said Friday the move aims to cut off Huawei's undermining of existing U.S. sanctions.

The new restriction is separate from an ongoing Trump administration reprieve on U.S. technology sales to Huawei. The U.S. government blacklisted the Chinese tech company a year ago, deeming it a national security risk, but the limited reprieve allows wireless companies to keep offering service in remote parts of the U.S.

The Commerce Department said this week that reprieve is being extended for another 90 days.

But numerous loopholes have been exploited, especially as U.S. companies continued to supply Huawei with chips made outside the United States. The Commerce Department said the new restriction will “narrowly and strategically" target Huawei’s acquisition of semiconductors built in overseas foundries but using U.S. software and technology.

Share:
More In Business
Amazon Hacks to Save You Money After Prime Day
If you're shopping on Amazon and want to save even more money after Prime Day, Cheddar News has got you covered. Senior reporter Michelle Castillo talked to the experts at the company to find out how you can keep an eye on deals and even get cash back on your household purchases.
Don't Be 'The Bear.' Take Your Business From Stressful to Successful
Did you happen to watch the series The Bear? The show follows a struggling small business owner in Chicago who is trying to save his business.  It's a story a lot of small business owners in the U.S. can relate to. To help out these struggling entrepreneurs, Cheddar News brought on an expert here to help take your company from stressful to successful.
GOP AGs Move Anti-Affirmative Action Fight to the Workplace
The court’s ruling applies to higher education institutions and other entities that receive federal funding and doesn’t directly change private employer obligations, but business leaders might pull back diversity, equity and inclusion programs to avoid lawsuits.
Load More