The writer is the author of ‘Chip War’
The Biden administration liked to use the term “small yard, high fence” when describing its export controls on advanced chips. The idea was that highly specialised US technology had to be protected — but that the protection was limited and would not impede broader trade.
The accuracy of this was always debatable, given the centrality of these semiconductors for artificial intelligence. What is clear, however, is that China’s latest tit-for-tat expansion of export controls are part of a strategy that has no interest in limiting impact. And Europe has been caught in the crossfire.
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