You know, an iphone sold in the us or europe might be designed in california and built in india using Semiconductors Made in taiwan from Raw Materials provided by china. So if any link in that supply chain breaks, it sets up big problems for the rest of the chain. And thats true for smartphones, as it is for pcs, and especially in Battery Production for those Electric Vehicles were buying more and more of. So what if one country decides to make it harderfor others to get hold of some of those critical Raw Materials . Well, thats what china announced just last month. Translation the Chinese Government implements i Export Controls on gallium and germanium related items in accordance with the law to ensure that they are used for legitimate purposes in order to safeguard National Security and better fulfil our international obligations. For quite some time now, the us side has been abusing Export Control measures to continuously strengthen its crackdown on chinas semiconductors and artific
is a situation where there are certain materials that are going right into that prc military complex, and we have to take precautions. but it s a very, very narrow, very, very narrow slice of products, and our trade continues, but, yes, let s understand, we are dealing with a country that has stated that they have the intention to change some of the rules, international trade rules that have gotten them to the place where they are today, which is a country that has developed that has reduced poverty rates, that has benefited from a rules based order that they are now looking to change. the chinese trade ministry accuses the us of abusing export control measures to, well, strengthen your crackdown on on semiconductors. beijing says that you re trampling on the principle of fair competition. jose, how do you respond to that? what we re looking to do, aaron, is to level the playing field.