European think tank suggests punitive DUV machine export ban following China’s latest round of rare earth export controls

A European think tank suggests retaliatory trade measures against China, and the trigger appears to be Beijing’s threat to restrict exports of rare earth materials. But the suggested counterstrike would hit closer to home by expanding controls on semiconductor tooling, with ASML’s DUV machines in the direct line of sight.

According to a recent report by Bloomberg, a European think tank named the European Council on Foreign Relations (EFCR) has begun mapping out “trade options” should diplomacy…