US IMPOSES MORE RESTRICTIONS ON HUAWEI

The U.S. is imposing another round of restrictions on China’s Huawei as President Donald Trump renewed accusations that the company’s telecommunications equipment is used for spying. The Commerce Department’s new rules, rolled out Monday, will further block Huawei from accessing chip technology. Washington cut off Huawei’s access to U.S. components and technology last year. Those penalties were tightened in May. The Commerce Department said Monday that more restrictions were needed because Huawei has “continuously tried to evade” the earlier sanctions.