US, Dutch governments curb chip equipment exports to China

The US and Dutch governments are restricting sales of advanced semiconductor manufacturing equipment to China.
The new policy aims to limit China's access to high-tech components that could aid its military.
The policy will require companies like ASML, a major chip equipment maker, to obtain licenses for exports to China starting in September.
The US has been pressuring allies like the Netherlands to curb technology exports to China over national security concerns.
The policy is expected to have limited impact on ASML but escalates US-China tensions over technology and trade.