New restrictions on the use of American products, imposed by the Commerce Department on Chinese telecommunications equipment provider Huawei Technologies, have been described as arbitrary and pernicious by the company.
In what will be seen as a win for US President Donald Trump, the chip manufacturer Taiwan Semiconductor Manufacturing Company is set to announce that it will be opening a factory in Arizona.
The United States appears to be moving ahead with new proposals to tighten the conditions for American semiconductor companies to do business with Chinese telecommunications equipment vendor Huawei Technologies, with cabinet officials agreeing at a meeting on Wednesday to tighten things up.
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