Dutch Government Fears ASML Will Become a Weapon in US-China Trade War

The looming trade war between the United States and China is setting off alarm bells in the cabinet about ASML and the chip sector. In The Hague, serious concerns are being raised about the possibility that the Dutch stock market pearl will be dragged into the battle between the two world powers. Read more on telegraaf.nl.

Can Europe still put itself on the map as a technological superpower? The answer may be closer than we think. On the grounds of the former Philips group, a forest of innovative companies grew around the southern Dutch city of Eindhoven, with the chip company ASML as its best-known flagship. Now that ‘Brainport’ is bursting at the seams, there are also opportunities for Flanders. ‘The region between Eindhoven and Leuven must become the chip valle…

The Trump administration wants to blacklist more Chinese chip companies. They are in danger of no longer being allowed to do business with the US. The Dutch cabinet is worried that showpiece ASML will also be dragged into the trade war between the two superpowers.

Dutch government fears ASML will become a weapon in US-China trade war

The cabinet is very concerned about ASML in the trade war between the US and China. New export restrictions are looming for the chip giant.