China Warns Japan of Severe Economic Retaliation Over Chip Export Controls
Japan faces pressure from both China and the U.S. as it considers further restrictions on semiconductor equipment exports.
- China has threatened economic retaliation if Japan imposes further chip export restrictions.
- Toyota Motor Corp. has expressed concerns over potential disruptions to critical mineral supplies.
- The U.S. is pressuring Japan to align with its semiconductor export controls.
- Shares of Japanese chip-related companies have fallen following the news.
- The U.S. aims to secure an agreement with Japan by the end of the year.