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In reaction to recent reports of a new Huawei smartphone with advanced capabilities, member of Congress are pushing the U.S. Commerce Department to tighten semiconductor export controls even further.
After the news broke that the European Commission proposed to sanction multiple Chinese companies over their sales to Russia, several Chinese officials pushed back against this proposal at various events this week, and warned of taking "necessary measures" to protect Chinese firms.
The U.S. government recently sanctioned more Chinese firms for their transactions with Iran and Russia. The Chinese government called the U.S. decisions "typical unilateral sanctions and 'long-arm jurisdiction'."