US-Dutch Deal on New Chip Controls Could Come Next Month, Report Says
A deal between the U.S. and the Netherlands on new export controls for chipmaking equipment destined for China could come as soon as next month, Bloomberg reported Dec. 7. The U.S. has been working to convince the Dutch to impose…
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similar semiconductor export controls and restrict the ability of Netherlands-based ASML to provide certain advanced equipment to China (see 2211210035). The report said it remains unclear what the potential U.S.-Dutch agreement would mean for ASML’s China sales. Bureau of Industry and Security Undersecretary Alan Estevez said Dec. 7 that he remains confident the U.S. will convince allies to impose harsher restrictions against China, and said he respects the Netherlands’ desire to shape its own export control policies (see 2212060059).