Foreign dependency: Magnifier screens show chips at a booth in an electronics market in Shenzhen, Guangdong province. Under the agreement, Washington and Beijing agreed to relax export restrictions on technology and critical minerals. — Reuters
WASHINGTON: The United States accused China of engaging in unfair trade practices in the semiconductor sector, but is declining to impose additional tariffs on chip imports until at least mid-2027.
The Office of the US Trade Representative (USTR) on Tuesday released the findings of a nearly year-long inquiry into China’s chip sector, which was launched in the final weeks of the former President Joe Biden’s administration, with the expectation that the matter would be resolved under President Donald Trump.
