China and the US agree to ease chip export restrictions

bbc.com

China will ease an export ban on automotive computer chips as part of a new US-China trade deal, the White House announced. The agreement aims to resume trade from Nexperia's facilities in China, ensuring the flow of critical legacy chips globally, addressing concerns from car manufacturers about potential shortages. The deal also includes agreements on US soybean exports, rare earth minerals, and fentanyl, de-escalating a trade war that had caused global business uncertainty.


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China and the US agree to ease chip export restrictions | News Minimalist