US targets China over semiconductors

(Reuters) -U.S.-China tensions over semiconductors began with theTrump administration's trade war and have ratcheted up under President Joe Biden's leadership as Washington looks to undercut Beijing's efforts to build its high-tech industry. The U.S. and the Netherlands are set to deliver a one-two punch to China's chipmakers by further curbing sales of chipmaking equipment, including some from Dutch firm ASML, the global leader in the critical process of lithography, Reuters reported on Thursday. Here is a timeline of U.S. actions against China's chip industry: October 2018: Former U.S. Pres...