Overview
- China’s commerce ministry has begun issuing exemptions for Nexperia’s China-packaged chips, and the Dutch economy minister said supplies should reach customers within days.
- Volkswagen said initial exports have arrived, Aumovio confirmed a written export license, and Honda reported movement in shipments as it targets production restarts next week.
- Germany welcomed signs of de-escalation, with Chancellor Friedrich Merz pointing to positive signals that broader deliveries could resume soon.
- Media reports describe a Trump–Xi understanding that includes a one-year delay of a US affiliate rule, a change linked to China’s decision to permit case-by-case exports.
- Bloomberg reported the Netherlands may suspend its emergency control of Nexperia once exports and financial issues are resolved, though halted wafer flows and ongoing governance proceedings still pose risks.