-
Greenland parliament approves security agreement with United States
-
Qatar Tourism joins Pacific Asia Travel Association at London travel market
-
Qatar envoy meets incoming UN General Assembly president
-
Abdul El-Sayed Wins Michigan Senate Seat in Historic Election
-
Trump Signals Willingness to Work With Democrats After Midterm Defeat
-
Qatar media bodies discuss support for humanitarian initiatives
-
Galloway accuser could not foresee publishing-sector fallout, lawyer argues
-
No. 22 UCLA defeats No. 5 Arizona 84-75 despite Kharchenkov's 38 points
-
New York City Center revives In the Heights as a timely community story
-
Vessel operator seeks witnesses after Vancouver grounding
-
Godzilla Minus Zero shifts focus toward postwar human drama
-
US Air Force deploys F-16 fighters to remote Aleutian base for readiness drill
-
Mehbooba Mufti urges dialogue and renewed Central Asia links for Kashmir
-
Bezos grant helps Seattle nonprofit move thousands of families toward housing
-
Seacliff Healthcare Seeks Specialist GP in Thirroul
-
Shrini Srivastava joins crew of Varanasi-Delhi Vande Bharat Sleeper service
-
US stocks fall before midterm Election Day as technology shares weaken
-
Nearly Half of Australian Workers Overqualified, Survey Finds
-
BLS Polymers makes strong market debut at ₹248 per share
-
RBI eases export-declaration compliance for individual service exporters
-
Petrol and diesel prices remain broadly steady across major Indian cities
-
India proposes more import entry points for drugs and medical devices
-
Reliance shares remain in focus after near-12% surge
-
Derek Tierney Outlines Ten-Year Strategy for National Digital Health System
-
2026 Arizona Midterms: Key Races, Ballot Measures, and Voter Deadlines
-
NBC’s Steve Kornacki Reveals Tech Habits Ahead of Midterm Elections
-
Coal India prepares possible $1 billion Mahanadi Coalfields listing
-
India and Israel oppose UN draft on regional conventional arms control
US says China chip policies unfair but will delay tariffs to 2027
US trade officials determined that China should be punished for employing unfair tactics to dominate the semiconductor industry, but will wait 18 months to impose tariffs, American authorities said Tuesday.
A US Trade Representative (USTR) investigation concluded China's targeting of semiconductors "for dominance is unreasonable and burdens or restricts US commerce and thus is actionable," the agency said in a public notice.
The current tariff level of zero will be increased "in 18 months on June 23, 2027 to a rate to be announced not fewer than 30 days prior to that date," USTR said.
Beijing said Wednesday it "firmly opposes" the move and accused Washington of abusing tariffs to "unreasonably suppress Chinese industries".
This "disrupts the stability of the global supply chain, hinders the development of all countries' semiconductor industries and harms others while hurting itself", foreign ministry spokesman Lin Jian.
"We urge the United States to quickly correct its erroneous practices," Lin said at a regular press briefing.
USTR officials launched the probe in December 2024 in the final weeks of Joe Biden's presidency, extending the initiative when US President Donald Trump took office in January.
Trump has been a prolific purveyor of tariffs, unveiling sector-specific levies on steel, autos and other items as well as broader measures to achieve a variety of policy objectives.
The White House has jousted with Beijing but reached a broad truce with China after a major escalation in the spring.
The USTR's "Section 301" probe concluded that China had employed "increasingly aggressive and sweeping non-market policies" to dominate semiconductors that have included "massive and persistent" state support of private actors and "wage-suppressing labor practices."
The USTR did not respond to an AFP query on the reason for the 18-month timeframe on tariffs.
O.Schlaepfer--VB