US launches new probe into Chinese semiconductor industry
- The Biden administration has launched a probe into unfair trade practices by China in the semiconductor supply chain, paving the way for new tariffs once President-elect Donald Trump takes office.
- The investigation will examine China's manufacturing and increasing dominance of the market for legacy semiconductors, which are used in home appliances and automobiles.
- Evidence shows that China aims to dominate markets in the semiconductor industry through anticompetitive and non-market means, including setting market share targets.
- The U.S. Trade Representative's office stated that the probe is aimed at protecting American chip producers from China's state-driven buildup of domestic supply.
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Leaning Left6Leaning Right8Center12Last UpdatedBias Distribution46% Center
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- 46% of the sources are Center
46% Center
L 23%
C 46%
R 31%
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