Netherlands Responds to US China Policy With Plan to Curb Semiconductor Tech Exports
The Netherlands' government on Wednesday said it planned new restrictions on exports of semiconductor technology to protect national security, joining the United States’ effort to curb chip exports to China. The U.S. in October imposed sweeping export restrictions on shipments of American chipmaking tools to China, but for the restrictions to be effective, they need other key suppliers in the Netherlands and Japan, who also oversee key chipmaking technology, to agree. The allied countries have been in talks on the matter for months. Dutch Trade Minister Liesje Schreinemacher announced the decision in a letter to parliament, saying the restrictions would be introduced before the summer. Her letter did not name China, a key Dutch trading partner, nor did it name ASML Holding NV, Europe's largest tech firm and a major…