Trade tensions between China and the U.S. are heating up again—this time over semiconductors, the tiny tech powerhouses fueling everything from smartphones to AI. 💻🌍 China’s Ministry of Commerce blasted Washington’s latest export restrictions on chips and chipmaking equipment, calling them 'economic coercion' that could derail global supply chains.
🔊 'The U.S. says one thing and does another,' a ministry spokesperson said Monday, accusing American officials of using national security as an excuse to 'abuse export controls.' The new rules also block China from buying advanced semiconductor tech through third countries—a move Beijing likened to 'non-market' bullying.
📉 The restrictions add 136 Chinese companies to Washington’s export blacklist, further squeezing China’s access to cutting-edge tech. Analysts warn this could slow innovation in sectors like AI and green energy while raising costs for consumers worldwide. 🚨
🤝🇨🇳 China urged the U.S. to 'stop politicizing trade issues' and warned the measures threaten the 'international economic order.' With both sides digging in, the chip wars might just be the next big front in the U.S.-China rivalry. 🚩
