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U.S. Targets Chinese Legacy Chips in New Trade Probe


Photo by FMT
Photo by FMT

Summary


  • The U.S. is investigating legacy semiconductors from China due to concerns about unfair competition.

  • The trade probe may result in tariffs as high as 60% on Chinese chips, affecting a variety of industries.

  • China’s growing dominance in the semiconductor industry is viewed as a potential threat to global competition.


 

The Biden administration has initiated a trade probe into China's "legacy" semiconductor industry, marking a new chapter in the ongoing economic tensions between the U.S. and China. This investigation, launched under Section 301 of the Trade Act of 1974, is expected to focus on China’s growing market share in the semiconductor sector and its potential negative impact on American manufacturers and critical industries.

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