Netherlands Faces Pressure in US-China Semiconductor Dispute
The Netherlands is caught in the crossfire of the US-China tech war, as Washington demands a halt to ASML's servicing of chip-making equipment sold to China.
- US efforts to restrict China's access to advanced chip technology escalate, involving Dutch semiconductor giant ASML.
- Washington's latest move includes a demand for ASML to stop servicing chip-making equipment previously sold to Chinese customers.
- The Netherlands grapples with diplomatic and economic implications, balancing alliances with the US and EU strategies, while considering ASML's significant role in its economy.
- Dutch Prime Minister Mark Rutte emphasizes the importance of preventing technology transfer to Russia amidst China's alliance with Putin.
- High-stakes negotiations between the Dutch government, ASML, and US officials on servicing contracts are expected to further influence the geopolitical landscape.