Official reports or statements from Toyota or major news outlets

China Threatens Japan with Retaliation Over Potential Chip Curbs

Sep 2, 2024, 04:38 AM

China has issued a warning to Japan, threatening severe economic retaliation if Tokyo aligns with US-led restrictions and further limits the sales and servicing of chipmaking equipment to Chinese firms. The potential curbs could impact major Japanese companies, such as Toyota, which might lose access to critical minerals. This development comes amid increasing pressure from the Biden administration for Japan to comply with new US rules targeting China's tech sector.