BTCC
/
BTCC Square
/
Global Cryptocurrency
/
US to Impose Tariffs on Chinese Semiconductor Imports Starting June 2027
US to Impose Tariffs on Chinese Semiconductor Imports Starting June 2027
9
2
BTCCSquare news:
The US government has announced new tariffs on Chinese semiconductor imports, effective June 23, 2027. This decision targets China's growing dominance in the global chip industry, reflecting ongoing trade tensions between the two nations.
The move follows concerns from the TRUMP administration about Beijing's aggressive pursuit of semiconductor market control. While exact tariff rates remain unspecified, the measure aims to curb China's influence over critical tech supply chains.
This policy shift coincides with a US Supreme Court ruling that may impact tariff-related refund mechanisms. Notably, the government plans to allocate $1,776 "warrior dividend" payments to service members from tariff revenues.
By:
Previous
Dogecoin Breaches Key $0.13 Support as BitMEX Exchange Sees 53,000% Surge in Futures Volume
