U.S. moves to cut Huawei off from global chip suppliers
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WASHINGTON (Reuters) - The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies [HWT.UL] from global chipmakers, in an action ramping up tensions with China.The U.S. Commerce Department said it was amending an export rule to "strategically target Huawei’s acquisition of semiconductors that are the direct product of certain U.S. software and technology." The reaction from China was swift with a report saying it was ready to put U.S. companies on an..