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Wednesday, March 29, 2023

The Netherlands, Japan and the United States join forces against China and the manufacture of chips

01/29/2023 at 21:15


The economic war intensifies under Biden’s mandate

Despite economic problems, the US will be forcing the countries of its bloc to abandon China.

Japan and the Netherlands agreed on the hike on Friday after years of pressure from Washington Restrictions on export of chip manufacturing technology According to The Verge, to Chinese companies.

These measures are aimed as part of the trade war between China and the United States. The aim is to limit China so that it cannot manufacture its own chips, allowing countries in the US bloc to start manufacturing their own to counter the powerful technological advances that China will be experiencing. To a large extent, they assure, this is due to fears that China may strengthen its military capabilities and its artificial intelligence.

However, the truth is that it is not so much that the trade war is predominantly technological and that it is important for the United States to torpedo the strength of its tech industry to win this new battle.

Nevertheless, there are still months to go to qualify the agreement, so the issues could change radically, although this is unlikely a priori.

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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