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The United States and Japan are close to a deal to limit exports of advanced Japanese semiconductor technology to China, despite Tokyo’s fears of Beijing’s potential retaliation against Japanese companies, the Financial Times reported on Monday, citing people familiar with the matter.
Washington has been pushing Japan for months to adopt a regime of export controls to China that complements the US one, limiting exports of technology and machinery for the production of microchips to the leading Asian power. However, such a measure would deprive strategic Japanese companies of their main market, and would expose the world’s fourth largest economy to potential retaliation from China, including the possible restriction of exports of critical minerals needed by Japanese industry.
U.S. President Joe Biden’s administration has stepped up its campaign to limit the development of China’s tech industry, pushing to announce measures before November’s presidential election that would also force non-U.S. companies — particularly those from Japan and the Netherlands, leaders in microchip-making machinery — to obtain licenses to sell products sensitive to Beijing’s industry.
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© Agenzia Nova – Reproduction reserved
