China threatens economic retaliation against Japan over semiconductor restrictions
According to sources cited by Bloomberg, Toyota is apprehensive that Beijing might retaliate by limiting Japan’s access to critical minerals essential for automotive production. This concern stems from Japan's stringent controls on chip manufacturing equipment, which are part of a broader strategy endorsed by the U.S. to curtail China's advancements in semiconductor technology. Toyota's strategic investments in Taiwan Semiconductor Manufacturing Company's (TSMC) Kumamoto plant have further heightened fears of becoming a target of Chinese economic measures.
