US Stock Market Move | The Dutch Prime Minister expressed that each country should independently decide on its export policy towards China. ASML Holding NV ADR(ASML.US) dropped nearly 4%.

date
23/01/2025
avatar
GMT Eight
On Thursday, ASML Holding NV ADR (ASML.US) opened down nearly 4%, at $738.03. According to Xinhua News Agency, Dutch Prime Minister Rutte recently stated in an interview with Bloomberg that the Dutch government wishes to decide for itself what policies to implement regarding the issue of ASML Holding NV ADR's exports to China. Rutte, speaking during an interview at the 2025 World Economic Forum Annual Meeting, said that the Biden administration has pressured the Dutch government to restrict ASML Holding NV ADR's exports of advanced chip manufacturing equipment to China, and it is expected that the Trump administration will continue this strategy. "I think it is very important that we decide for ourselves what policies to implement."

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