Biden Initiates Trade Probe into Chinese Legacy Chips Ahead of Trump's Inauguration

Reported 2 days ago

The Biden administration has launched a trade investigation into Chinese-made legacy semiconductors, potentially leading to increased tariffs on a wide range of products reliant on these chips. This probe, initiated shortly before President-elect Donald Trump takes office, aims to protect U.S. markets from China's state-driven semiconductor expansion, which threatens competition. The investigation will explore the effects of these imports on various critical industries and will include a public hearing in March.

Source: YAHOO

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