Episode Details
Back to Episodes
US Imposes Tariffs on China's Semiconductor Industry
Published 2 weeks, 1 day ago
Description
US Trade Officials to Impose Tariffs on China for Unfair Semiconductor Practices: A Key Tech Battle UnfoldsUS trade officials have concluded that China has been using unfair tactics to dominate the semiconductor industry, leading to plans for tariffs. The investigation, initiated under Section 301 rules, highlighted Chinas aggressive policies such as substantial state subsidies and low labor practices. China has strongly opposed the decision, warning of potential disruptions to the global supply chain and slowed semiconductor growth. The tariffs will be implemented in eighteen months, providing both sides with time to strategize in this crucial tech battle.
The Daily News Now! - Every city. Every story. AI Powered.
Hosted on Acast. See acast.com/privacy for more information.