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The U.S. has taken a myriad of steps to restrict supplies of advanced computer chips to China, not just from the U.S. but from allied nations as well. U.S. Commerce Secretary Gina Raimondo says Washington needs to deny China this technology as it's needed to advance the military. But analysts have pointed out the U.S. is pursuing a technology monopoly. And these policies will raise global chip prices and hurt future technological research. What’s the real purpose on the part of Washington? What exactly will the ripple effects be? Are U.S. allies cooperating to help achieve the intended goals?
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