U.S. and Japan near agreement to restrict chip tech exports to China for security reasons.

The U.S. and Japan are close to finalizing an agreement to restrict exports of chip technology to China, as reported by the Financial Times. This move is driven by national security concerns and the desire to maintain technological leadership. However, Japan is wary of possible retaliation from China against its companies. The deal reflects a collaborative effort between the two nations to limit advanced technology transfers to China.

September 17, 2024
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