US Delays New China Chip Tariffs Until June 2027
The U.S. has decided to delay imposing new tariffs on Chinese semiconductor imports until June 2027, maintaining the current zero-duty rate. This decision follows a year-long investigation by the U.S. Trade Representative (USTR) into China's chip industry practices.
- US to delay new tariffs on Chinese chip imports until June 2027.
- Current zero-duty tariff rate on Chinese chips maintained until 2027.
- Decision follows a year-long 'Section 301' investigation by USTR.
- USTR deemed China's semiconductor policies 'unreasonable' and actionable.
- New tariff rates will be announced at least 30 days prior to June 2027.
- Move aims to preserve trade truce and leverage amidst US-China tensions.
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