Biden launches new US trade probe into legacy Chinese chips, setting up Trump for tariffs

Quick Summary:

The US trade probe targets older chips powering vehicles, appliances and more.

The effort could offer Trump a ready avenue to begin imposing some of the hefty 60 per cent tariffs he has threatened on Chinese imports.

The Biden administration will begin accepting public comments on the probe on Jan 6, and has planned a public hearing for March 11-12.

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChina

Topics: Older Goods Chips Semiconductors Tariffs Biden China Administration Trade Chinese Probe

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-24 @ 08:16:00 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 568 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 24617233

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 11 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions