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Reuters
Reuters
Business

Dutch PM Rutte denies U.S. pressure over chip export policy

Mark Rutte China Joe Biden Washington D.C. ASML Nerlands Semiconductor
FILE PHOTO: ASML logo is seen in this illustration taken February 28, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

The Netherlands is not feeling pressured by Washington to adopt new U.S. rules further restricting semiconductor technology exports to China, Dutch Prime Minister Mark Rutte said on Friday.

The Hague has denied licenses for its largest company, ASML Holding NV, to export its most advanced machines to China since 2019, following lobbying by the Trump administration, raising concerns it is under pressure again to adopt further restrictions.

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