US nearing deal with allies to limit China's access to semiconductor tech

FILE - Netherland's Prime Minister Mark Rutte, left, speaks with U.S. President Joe Biden during a round table meeting at a NATO summit in Madrid, Spain, June 29, 2022. Biden is set to host Dutch Prime Minister Mark Rutte for talks. The U.S. administration is looking to persuade the Netherlands to further limit China's access to advanced semiconductors with export restrictions. (AP Photo/Susan Walsh, Pool)