Dutch bolster US fight with China by announcing export restrictions on chip tech

The Netherlands has made public its plans to restrict the export of key chipmaking tools, a crucial step in the US’s ongoing effort to limit China’s access to high performance semiconductors, the Financial Times reports. The deal — which is expected to include controls on critical chipmaking tech from the Dutch multinational ASML Holding — was reached with the US in January but was made public this week when Dutch trade minister Liesje Schreinemacher wrote to parliament to outline…