Reported 12 months ago
The ongoing U.S.-China tech war has led the U.S. to actively engage allies for a joint response, with Commerce Secretary Gina Raimondo meeting officials from Japan and South Korea to enhance semiconductor supply chain consensus. Despite concerns from Japan about potential countermeasures, no conclusion was reached regarding expanding restrictions on Chinese semiconductors. The joint statement did not explicitly mention China, highlighting differing opinions on export limits. The U.S., Japan, and South Korea aim to bolster economic security by deepening coordination on advanced technology export controls while addressing concerns about non-market measures in the international community. The U.S. plans to tighten restrictions on China's tech advancements, including limiting maintenance and after-sales services for existing chip manufacturing equipment, raising fears in Japan of Chinese retaliatory actions like cutting off crucial mineral supplies.
Source: YAHOO