in the manufacturing of semiconductors. the move by the chinese ministry of commerce targets the metals gallium and germanium which china is a major producer of. from next month exports of these metals will require a license. michelle fleury has more. us treasury secretary janet yellin is heading to beijing and hers is heading to beijing and hers is the second trip i a cabinet official to china since ties between the worlds to top economies deteriorated earlier this year. her goal is to study the relationship but she has her work cut out for her. ahead of her visit beijing said it was exposing imposing export controls on two rare metals essential for making semiconductor essentialfor making semiconductor is. this is seen as a tit for tat response after the us, the netherlands and japan recently wrist directed chip exports to china. some say the move is aimed at giving china more leverage in future trade discussions. gallium and germanium, the two medals in question will be
- [announcer] do you have an invention idea but don t know what to do next? call invent help today. they can help you get started with your idea. call now 800-710-0020. you are in the cnn newsroom. i m paula reed in washington. jim acosta has the day off. it is 5:00 p.m. at the white house, and we are now one hour closer to the nation potentially defaulting on its debt. that would be unprecedented and potentially catastrophic for the global economy. now, despite a deadline as close as 12 days away, the high-stakes negotiations between the white house and congressional republicans have broken down, and it s not clear when they might resume. a u.s. debt default would affect economies around the world, so the concerns have loomed over the g7 summit in hiroshima, japan. the president, however, says he s not concerned at all. it goes in stages, and what happens is the first meetings weren t all that progressive. the second ones were. third one was. and then what happens is t
last year a shortage of chips led to supply chain disruption around the world meaning delays to everything from cars to washing machines and of course, computers. and now, the dutch government has announced that it will impose new export restrictions on advanced chips being sold to china. the dutch have some of the most significant companies in the field and china is keen to buy them but the us have been putting pressure on european countries to curb exports of sensitive technology to china on national security grounds. our correspondent anna holligan is in the hague. one of europe s smallest nations has found itself in the middle of a battle between the world s two biggest superpowers. and at the heart of it, microchips. they power everything from our mobile phones to military hardware. and the us has been applying political pressure on countries to limit exports. now the netherlands is home to asml until recently a relatively obscure company, but it makes the most advance
And lots of questions to answer. So, lets get started. A big week in politics as we raced towards the midterm elections with early voting already underway, and many high stakes races across the country. The national dont say gay bill, a federal abortion ban and cats was for the future for the super wealthy. With the gop agenda could look like if the gop takes back control of congress. Plus, Debbie Waterman schultz joins us to talk about the january six subpoena of former president donald. Trump how they plan to hold on accountable as he continues to hint at a another white house run. Likely been seeing a lot of political ads talking about rising crime across the country. Is it really as big of an eight issuers candidates claim . The notion of an unsafe americas dominating campaigns in the home stretch. All that and more is coming right up. Right up and a good Sunday Morning to you all. I am sam stein, men in for katie faye. Just 16 days away from election day. A stretch of campaigning.
and lots of questions to answer. so, let s get started. a big week in politics as we raced towards the midterm elections with early voting already underway, and many high stakes races across the country. the national don t say gay bill, a federal abortion ban and cats was for the future for the super wealthy. with the gop agenda could look like if the gop takes back control of congress. plus, debbie waterman schultz joins us to talk about the january six subpoena of former president donald. trump how they plan to hold on accountable as he continues to hint at a another white house run. likely been seeing a lot of political ads talking about rising crime across the country. is it really as big of an eight issuers candidates claim? the notion of an unsafe america s dominating campaigns in the home stretch. all that and more is coming right up. right up and a good sunday morning to you all. i am sam stein, men in for katie faye. just 16 days away from election day. a stretch of