The US and Japan are close to a deal to curb tech exports to China’s chip industry despite alarm in Tokyo about Beijing’s threat to retaliate against Japanese companies.
The White House wants to unveil new export controls before November’s presidential election, including a measure forcing non-US companies to get licences to sell products to China that would help its tech sector.
Biden administration officials have spent months in intense talks with their counterparts in Japan — and the Netherlands — to establish complementary export control regimes that would mean Japanese and Dutch companies are not targeted by the US “foreign direct product rule”.
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