Export Controls and Japanese Firms

xi: The country in July tightened export controls on three materials essential to key products of South Korean tech companies after a series of South Korean court rulings ordered Japanese firms to compensate wartime forced labor victims, according to Asahi Shimbun. UNITED STATES Trump touts talk with Xi President Donald Trump touted a very good talk on Friday with Chinese President Xi Jinping on a deal to resolve their trade dispute, while Chinese media said Xi had complained about US interference in Hong Kong and elsewhere. The Ministry of Economy, Trade and Industry on Friday removed photoresists used to coat semiconductor circuit boards from Tokyo's export restrictions against Seoul, the Asahi Shimbun and other reports said. Trump tweeted that China already started large scale increases in purchases of US farm goods, in line with the deal. Formal signing being arranged, he said. However, he did not give a date for when the so-called phase one agreement would actually be signed. (news.financializer.com). As reported in the news.