The United States revokes certain export permits to Huawei in an effort to limit China's technological might.

In an effort to lessen China's technological clout, the United States has withdrawn some permits for chip shipments to the Chinese tech giant Huawei, the Commerce Department informed CNBC on Tuesday. A spokeswoman for the Department of Commerce stated in a statement, "We continuously assess how our controls can best protect our national security and foreign policy interests, taking into consideration a constantly changing threat environment and technological landscape." "We occasionally revoke export licenses as part of this process, as we have done in the past," the official stated, declining to address any particular licenses. However, we can attest that we have cancelled some export authorizations to Huawei.