Dutch lawmakers question new US export restrictions on ASML chip machine

Several Dutch lawmakers on Tuesday challenged the Netherlands' Trade Minister over whether the U.S. has acted correctly in unilaterally imposing new rules regulating the export to China of another chipmaking machine made by ASML Holding. Trade Minister Liesje Schreinemacher said during a parliamentary debate the Cabinet was not opposed to the new U.S. rules affecting Europe's largest tech firm but "this should be tackled in a much more European way." The U.S. last week announced new rules giving Washington the right to restrict the export of Veldhoven-headquartered ASML's Twinscan NXT1930Di machine if it contains any U.S. parts at all.