The U.S. tightened export controls in October 2023 and slated more for December 2024, aiming to curb China’s access to advanced semiconductors vital for AI and military tech. With 140 Chinese firms now blacklisted, Beijing slams the move as trade sabotage. As President-elect Donald Trump gears up for a potential 2025 return, experts anticipate an intensified "chip war." Meanwhile, Japan and the Netherlands nervously watch, fearing their own chip industries caught in the crossfire.