The US government is loosening restrictions on the sharing of technology with blacklisted firms, seeking to maintain America’s lead in setting international standards as China closes the gap. The Commerce Department’s Bureau of Industry and Security issued a rule authorising the release of certain technology and software when organisations deliberate and decide on standards, it said in a statement on Thursday. That should address questions over whether US firms need to secure a licence before sharing “low-level” technology during such processes with sanctioned parties including Huawei Technologies Co., it said. The Trump administration in 2019 added Huawei and a number...