China commerce ministry:

  • US measures on China’s advanced chips are ‘typical of unilateral bullying and protectionism’
  • US chip measures seriously undermine the stability of the global semiconductor industry chain and supply chain
  • US abuses export controls to contain and suppress China, violates international law and basic norms
  • Suspects US measures constitute discriminatory restrictive measures against Chinese companies
  • Any organization or individual that implements or assists in the implementation of US measures shall bear corresponding legal liabilities
  • Urges the US to immediately correct its erroneous practices
  • Urges US to abide by international economic and trade rules, and respect other countries’ rights to scientific and technological development

It's a wonder the two sides have agreed to work to reduce tariffs. The war over chips is continuing.

China chips s
Source: Forex Live