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US holds off on 

new Chinese 

chip tariffs

PRESIDENT  DONALD
TRUMP S administration on 
Tuesday said it will slap tariffs on Chinese semiconductor 
on Chinese semiconductor 
imports over Beijing s  unrea- 
sonable pursuit of chip indus- 
try dominance  but would 
delay the action until June 
2027 
  The tariff rate will be 
announced at least 30 days in 
advance  according to the fil- 
ing  which follows a year-long 
 Section 301  unfair trade 
practices investigation into 
China s exports of  legacy  or 
older-technology chips to the 
US  launched by former Presi- 
dent Joe Biden s administra- 
tion 
   China s targeting of the 
semiconductor industry for 
dominance is unreasonable 
and burdens or restricts U S  
commerce and thus is action- 
able  the US Trade Representa- 
tive said in its release 
  The Chinese Embassy in 
Washington did not immedi- 
ately respond to a request for 
comment The move preserves 
Trump s ability to impose the 
duties while seeking again to 
dial down tensions with Bei- 
jing in the face of Chinese 
export curbs on the rare earth 
metals that global tech compa- 
nies rely on  As part of negoti- 
ations with China to delay 
those curbs  Washington 
pushed back a rule to restrict 
US tech exports to units of 
already-blacklisted Chinese 
companies  REUTERS
Record : 1 / 1
