AMSTERDAM : The top Dutch trade official said the Netherlands will not summarily accept new U.S. restrictions on exporting chip-making technology to China, and is consulting with European and Asian allies.Trade Minister Liesje Schreinemacher spoke on Sunday on the television show Buitenhof ahead of a visi
AMSTERDAM : The top Dutch trade official said the Netherlands will not summarily accept new U.S. restrictions on exporting chip-making technology to China, and is consulting with European and Asian allies.
Trade Minister Liesje Schreinemacher spoke on Sunday on the television show Buitenhof ahead of a visit to the U.S. by Dutch Prime Minister Mark Rutte on Tuesday, when he is expected to discuss export policy with President Joe Biden.The Dutch government has denied ASML permission to ship its most advanced machines to China since 2019 following a pressure campaign by the Trump administration, but ASML did sell 2 billion euros worth of older machines to China in 2021.
The U.S. in October adopted measures aimed at hobbling China's ability to make its own chips, and U.S. trade officials said at the time they expected the Netherlands and Japan to implement similar rules soon.Schreinemacher said the U.S. had"justified worries" about over-reliance on Asia, where 80 per cent of advanced chips are made, and the threat that they could wind up in a military application or being used against the Netherlands.
"We've been talking with the Americans for a long time, but they came up with new rules in October, so that changes the playing field," said Schreinemacher."So you can't say that they've been pressuring us for two years and now we have to sign on the dotted line. And we won't.
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