
This collection of text centers on ASML, a European company that produces highly complex machinery essential for manufacturing advanced semiconductors, and the geopolitical challenges it faces.
Specifically, it discusses the pressure from the United States, starting with the Trump administration and continuing under Biden, to restrict ASML's exports to China under the guise of national security, despite the economic benefits to Europe and ASML's reliance on the Chinese market.
The author, Enrique Dans, and other commenters argue that these trade restrictions are ineffective in hindering China's technological development and instead push China toward domestic production while weakening Europe's technological leadership.
The discussion highlights the need for European technological sovereignty and the complexities of balancing economic interests with geopolitical pressures.
You can also read this article in English on my Medium page, «Europe’s tech dilemma: bow to US pressure or defend Its own Interests?»