This study empirically investigates the impact of recent US export controls on China on South Korea's semiconductor exports. We analyze South Korean export data to shed light on the repercussions of US export restrictions on a third country. Our findings reveal a significant decline in Korean...

Amid the current U.S.-China technological race, the U.S. has imposed export controls to deny China access to strategic technologies. We document that these measures prompted a broad-based decoupling of U.S. and Chinese supply chains. Once their Chinese customers are subject to export controls,...

Measures such as prohibitions, export licences and restrictions assist in risk management and the regulation of trade in controlled and sensitive goods. They are established pursuant to international agreements and conventions on protecting people and the environment, on controlling drugs and...