Dutch government objects to US law targeting ASML exports
The Dutch government has raised formal objections to the proposed U.S. MATCH Act which seeks to impose extraterritorial export controls on semiconductor equipment. Trade minister Sjoerd Sjoerdsma warned the legislation could disrupt international commerce and harm the market position of ASML.
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The Netherlands formally objected to the proposed United States MATCH Act, which threatens to restrict ASML HOLDING NV exports to China. The legislation targets maintenance and support for lithography systems already delivered to Chinese customers. China accounted for 33% of ASML sales last year, making any service disruption a major risk to recurring revenue.
