In latest US-China chip war salvo, Netherlands moves to restrict key exports

BUSINESS DAILY © FRANCE 24

In a letter to the Dutch parliament, the country's trade minister has said exporters of chip technology will have to ask for licences to do business abroad, citing concerns over international security. The Netherlands is home to one of the leaders in chipmaking equipment, ASML. Also in the show, FRANCE 24's Catherine Viette tells us what we can expect from the budget plan US President Joe Biden will unveil later this Thursday. Finally, China's consumer prices rise at their slowest pace in 12 months.