US President Trump’s team seeks to strengthen chip controls on China

Source Fxstreet

Bloomberg reported in a gated story carried early Tuesday, US President Donald Trump’s administration seeks to tighten chip controls on China.

Additional takeaways

US urges Japan, Netherlands to harmonize on China limitations.

US considers stricter controls on Nvidia chip exports to China.

US considers additional limitations on China's SMIC, CXMT.

US officials met Japanese, Dutch counterparts to restrict Tokyo electron, ASML engineers from maintaining semiconductor gear in China.

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