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US Plan to Toughen Semiconductor Curb Will Backfire

The US plan of coercing other countries into going after China's semiconductor industry will backfire, according to China's foreign ministry, which warns that such actions will hinder development of the global semiconductor industry. The US move is seen as a bid to counterbalance China's growing technological prowess, but experts argue that it will ultimately harm the industry as a whole. The plan also raises concerns about the potential for trade wars and their impact on the global economy.

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