Dutch Confirm Talks With US on China Chipmaking-Gear Ban

(Bloomberg) — The Dutch foreign minister confirmed that the Netherlands and the US are holding discussions on blocking ASML Holding NV from selling to China technology used in making a large chunk of the world’s chips.

“What I can tell you is that it does make sense that you always liaise with friends when certain goods have broader strategic implications and ramifications across the globe,” Foreign Minister Wopke Hoekstra said in a wide-ranging interview in The Hague on Wednesday with a select group of journalists. “Of course you have conversations about that, and that we do.”