and firms facing the fallout should look for markets elsewhere, a ruling Liberal Democratic Party lawmaker said.
Japan and the Netherlands are home to key suppliers of semiconductor manufacturing equipment, but it is not yet clear what form their restrictions would take. China is Japan’s largest trading partner and has said the US effort showed its “selfish hegemonic interest”. The Biden administration issued sweeping new rules in October that include restrictions on the supply of US manufacturers’ most advanced chipmaking equipment to Chinese customers and limits on Americans working for Chinese semiconductor firms, a move aimed at choking off access to certain expertise.
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