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Allies dodging US’ tech war draft
The Joe Biden administration is mulling harsh restrictive measures on Tokyo Electron, ASML and other chipmaking and chip equipment manufacturing companies of US allies if they continue to trade with China. In trying to coerce them to be a collective pressure point on China, the Joe Biden administration is creating a self-made dilemma for the United States.
On the one hand, most US semiconductor companies are opposed to the Biden administration’s de facto chip embargo against their largest chip market, believing that the policy is counterproductive and undermines the interests of US business. On the other hand, with Biden facing tremendous difficulties in his bid for reelection as US president in November, more and more US allies feel they needn’t serve in the ranks for the Biden administration’s “chip war” against China........
© The Frontier Post (Editorial)
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