China Retaliates: Dutch Seizure of Nexperia Triggers Trade War Escalation and Export Blockade
China has responded to the Dutch government’s seizure of the chip company Nexperia by blocking exports of certain products from the company. This action appears retaliatory, mirroring the global trend of nations prioritizing their own strategic resources, particularly in semiconductor development. Nexperia’s Guangdong province assembly site will be impacted by the ban, as the company seeks an exception. This situation comes amidst increasingly strained trade relations and serves as a backdrop for upcoming trade negotiations between the US and China.
John Q. Hosedrinker