European think tank suggests punitive DUV machine export ban following China’s latest round of rare earth export controls

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A European think tank suggests retaliatory trade measures against China, and the trigger appears to be Beijing’s threat to restrict exports of rare earth materials. But the suggested counterstrike would hit closer to home by expanding controls on semiconductor tooling, with ASML’s DUV machines in the direct line of sight.

According to a recent report by Bloomberg, a European think tank named the European Council on Foreign Relations (EFCR) has begun mapping out “trade options” should diplomacy…



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European think tank suggests punitive DUV machine export ban following China’s latest round of rare earth export controls


A European think tank suggests retaliatory trade measures against China, and the trigger appears to be Beijing’s threat to restrict exports of rare earth materials. But the suggested counterstrike would hit closer to home by expanding controls on semiconductor tooling, with ASML’s DUV machines in the direct line of sight.

According to a recent report by Bloomberg, a European think tank named the European Council on Foreign Relations (EFCR) has begun mapping out “trade options” should diplomacy…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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