News Snapshot:
Washington: The Trump administration is further tightening restrictions on China’s Huawei, seeking to starve it of crucial components by cutting off all access to U.S. technology. “We don’t want their equipment in the United States because they spy on us,†Trump told Fox News on Monday. “And any country that uses it, we’re not going to do anything in terms of sharing intelligence.†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, including Google’s music and other smartphone services, last year. Those penalties...
