War basically the cyberspace administration in china is saying we ve seen some cure rarity rest but we can explore what they are. we re about to get on the us side when a leading maker of chips in china, which will be the biggest beneficiary if micron pulls out a child is not allowed to be used, what we re seeing mike gallagher come in and saying we should actually be restricting them as well. now we ve got tit for tat on chip so that we re trying to de escalate. the idea is that we re driving down tension so we re driving down tension so we don t continue with the chipboard and hopefully will make progress. right now this is a sideshow in the middle of these negotiations. these negotiations. indian prime minister these negotiations. indian prime minister is - these negotiations. indian prime minister is in - these negotiations. indian i prime minister is in australia for a two day visit boosting economic ties with that last year two way trade was valued at abruptly $3i year two way trade was valued at abruptly $31 billion. that s only expected to grow after a free trade deal came into effect last year. bill mercer
Security concern. since then the us has been prioritising domestic production of semiconductors as it tries to ween perms on foreign chip makers with that last summerjoe biden signed the chips act that drew aliens of dollars in subsidies and tax credits to help the domestic chip making business. credits to help the domestic chip-making business. staying with the topic chip-making business. staying with the topic of chip-making business. staying with the topic of chips. - chip-making business. staying with the topic of chips. the - chip-making business. staying with the topic of chips. the us j with the topic of chips. the us senate its top democrat said he and presidentjoe biden administration were engaging allies and businesses to address china s ban on sales of memory chips by the american manufacturer micron. the moved by china cyber regulator came after beijing accused the firm of failing a security review. earlier i spoke with constellation research. he explained the impact this would have on micron. have on micron. micron doesn t have on micron. micron doesn t have that have on micron. micron doesn t have that much have on micron. micron doesn t have that much of have on micron. micron doesn t have that much of a have on micron. micron doesn t have that much of a share - have that much of a share inside china but that my main force is where in a tit for tat