Yeah...Biden's is tough on chips. Totally new and fresh approach.
"The U.S. campaign began in 2018, after the Dutch government gave semiconductor equipment company ASML, the global leader in a critical chip-making process known as lithography,"
"National Security Advisor Charles Kupperman raised the issue with Dutch officials during the visit of Netherlands Prime Minister Mark Rutte, who was given an intelligence report on the potential repercussions of China acquiring ASML's technology,"
"Shortly after the White House visit, the Dutch government decided not to renew ASML's export license"
"details of the U.S. pressure campaign have not previously been disclosed." Likely the U.S. and much of the EU media refused to carry the story because it would have been complimentary to the Trump Administration.
Just my opinion but the current Administration is simply doing the same but now it's almost 4 years wasted. Keep in mind the current chief executive has been in D.C. making policy decisions for going on 40 years, 8 of which were in the White House as VP---along with those in Congress and the Senate from BOTH sides who have been in office making policy regarding China for decades....and....no doubt who along with families and cronies have greatly benefited due to influence over trade policies.
(the link if from a archived Guardian article)
By Alexandra Alper, Toby Sterling and Stephen Nellis WASHINGTON/AMSTERDAM/SAN FRANCISCO (Reuters) - The Trump administration mounted an extensive campaign ...
www.saltwire.com