Dutch Trade Minister: Will not hastily agree to US export regulations to China

Reuters reported on January 17 that the top Dutch trade official said the Netherlands would not hastily accept new U.S. regulations on chip manufacturing technology exports to China and was negotiating with European and Asian allies. The United States will take measures in October 2022 aimed at restricting China’s independent manufacturing of chips. U.S. trade officials said at the time they expected the Netherlands and Japan to implement similar rules soon. “We’ve been talking to the Americans for a long time, but they came up with new rules in October, so they changed the playing field,” Dutch Trade Minister Liesje Schreinemacher said. “So you can’t say they’ve been pressuring us for two years. , now we have to sign on the dotted line. We won’t.” | Related Reading (Jiweiwang)

Meng Xuanhe

It seems that this time under the pressure of the United States, the Netherlands is in a dilemma. The focus here is ASML in the Netherlands. ASML has an absolute global monopoly on the most advanced extreme ultraviolet lithography machine (EUV). ASML is also the largest technology company in the Netherlands and even in Europe. Now under the pressure of the United States, as far as the Netherlands is concerned, on the one hand, the US allies are trying their best to win the Netherlands to join their team in terms of further export control of advanced chip technology to China; In the face of such a large market, even if the position of the United States and the entire European Union is considered, the Netherlands will not hastily accept the new regulations of the United States on the export of chip manufacturing technology to China, and give up the Chinese market.

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