Taiwan Wants to Join WTO Talks on China’s Protest Against US Chip Sanctions
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Taiwan Wants to Join WTO Talks on China’s Protest Against US Chip Sanctions
(Bloomberg) -- Taiwan has asked to join discussions centered on China’s protest against US chip sanctions at the World Trade Organization, seeking a voice on a debate that could have ramifications for the global chip industry.
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The island has formally requested a seat at the table when consultations begin, based on the outsized role it plays in global chipmaking, Taiwan said in a statement filed at the WTO.
China filed a dispute with the WTO in an effort to overturn US-imposed export controls, which aim to limit the Asian nation’s ability to develop a domestic semiconductor industry and equip its military. Beijing accused Washington of economic protectionism, undermining trade rules and jeopardizing the global supply chain.
The US is putting pressure on allies from Seoul to Tokyo to go along with the restrictions. It’s unclear what Taipei’s goal is in joining the debate, but the island produces the vast majority of the world’s most advanced semiconductors, and its largest companies including Taiwan Semiconductor Manufacturing Co. have abided by the US curbs.
US trade officials are set to travel to Taipei for talks later this month. A spokesman for the US Trade Representative didn’t immediately respond to a request for comment.
Read more: China Tries to Push Back on US Chip Sanctions With WTO Case
Japan and the Netherlands have agreed in principle to join the US in tightening controls over the export of advanced chip tech to China, and they are likely to adopt at least some of the sweeping measures rolled out in October to restrict the sale of equipment to Chinese firms, Bloomberg News has reported.
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