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The Chip War between China and the U.S. keeps getting more exhilarating! With fears of China being a threat to national security, the U.S. set up a couple of restrictive measures against them – forcing ASML to stop exporting EUV lithography machines to China.
However, did you know the U.S. wanted to take things up a notch by imposing even more restrictions? There is a significant disadvantage! ASML appears to be taking a strong stand against the United States, seeking reconciliation with China! Want to get the tea about the far-reaching restrictions, the Dutch's opposing; stance to make a compromise, and the underlying reason behind it? Keep watching today's video!
Not long ago, Liesje Schreinemacher, the Dutch Minister of Foreign Trade, made a daring statement: the United States of America should not expect the Dutch to just replicate their approach to China export restrictions!
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