EU Seeks 27-State Approval to Lift China Chip Sanctions for Automakers
Updated
Updated · Bloomberg · May 21
EU Seeks 27-State Approval to Lift China Chip Sanctions for Automakers
3 articles · Updated · Bloomberg · May 21
The European Commission plans to propose as early as this week a temporary carve-out from sanctions on a Chinese semiconductor supplier used by automakers.
Automakers pushed for the move after warning that keeping the ban in place could trigger severe supply-chain disruption across the sector.
Any derogation would still need backing from all 27 EU member states before it can take effect.
The step would mark a targeted easing of EU restrictions to protect industrial production rather than a broader rollback of sanctions on China.
Will this sanctions carve-out for automakers sabotage the EU's own quest for technological sovereignty?
With Europe needing its chips, has China proven economic dependency is its most powerful geopolitical weapon?