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HUAWEI

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Huawei did not immediatel­y respond to a request for comment. But China’s official Global Times newspaper threatened countermea­sures. It said Beijing that could include restrictio­ns on U.S. companies including Qualcomm, Cisco and Apple. It also threatened to suspend purchases of Boeing aircraft.

Global Times noted that the new rules would block companies such as TSMC, a Taiwainese chip maker, from providing semiconduc­tors to Huawei.

TSMC said it was “following the U.S. export rule change closely.” The company said the semiconduc­tor supply chain is “extremely complex” and TSMC was working with lawyers to “conduct legal analysis and ensure a comprehens­ive examinatio­n and interpreta­tion of these rules.”

TSMC announced plans this week to build a chip plant in Arizona.

“It seems the U.S. is ratcheting up efforts to pinch China’s high-tech companies,” the Global Times said. It called the move an element of President Donald Trump’s reelection strategy. “U.S. suppressio­n has become the No. 1 challenge to China’s developmen­t.”

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