Japan and the Netherlands are expected to join the United States in restricting exports of semiconductor manufacturing equipment to China. Talks between the countries could come to a conclusion as early as Friday. The Netherlands is set to restrict ASML Holding, which will prevent it from selling at least some of its so-called deep ultraviolet lithography machines, crucial to making some types of advanced chips and without which attempts to set up production lines may be impossible. Japan is expected to impose similar restrictions on Nikon. 

A bipartisan group of U.S. lawmakers in the House of Representatives are planning to introduce a resolution to reverse Biden’s suspension of U.S. solar panel import tariffs from four Southeast Asian nations. The Congressional Review Act (CRA) resolution, which allows Congress to repeal federal rules with a simple majority, is targeted at helping domestic solar panel manufacturers, which have struggled to compete with cheap Chinese products. 

Eurometaux, the European non-ferrous metals association, has called on the European Union to follow the Biden administration’s example in rolling out financial support to help the bloc control its supply of raw materials critical for energy transition. The association, which represents European majors including Glencore, Boliden and Aurubis, said the EU should implement a similar legislation to the U.S. Inflation Reduction Act (IRA), which includes billions of dollars of subsidies to ramp up domestic investment in electric vehicles and renewable energy.