Posted By Global Banking and Finance Review
Posted on February 25, 2025
(Reuters) -The Trump administration is planning to toughen semiconductor restrictions on China, continuing and expanding the Biden administration's efforts to limit Beijing's technological prowess, Bloomberg News reported on Monday.
U.S. officials recently met with their Japanese and Dutch counterparts about restricting Tokyo Electron and ASML engineers from maintaining semiconductor gear in China, the report said.
Some Trump officials also aim to further restrict the quantity and types of Nvidia chips that can be exported to China without a license, the report said, citing people familiar with the matter.
Nvidia, Tokyo Electron, ASML, the White House, the Dutch foreign trade ministry and Japan's ministry of economy, trade and industry did not immediately respond to Reuters' requests for comment.
Trump's goal is for key allies to align with the U.S. in imposing restrictions on China, similar to those placed on American chip gear companies like Lam Research, KLA and Applied Materials, as per the report.
(Reporting by Rajveer Singh Pardesi in Bengaluru; Editing by Varun H K)
