Trade Watch

US Tariffs on Chinese Semiconductors Double to 100% as Beijing Threatens Rare Earth Export Curbs: Trade Watch

The United States imposed a 100 percent tariff on Chinese semiconductors Friday, doubling duties and affecting $18.2 billion in annual trade flows. Beijing responded within hours by signaling potential restrictions on rare earth exports, threatening supply chains for chips and electric vehicles across the US and Europe.

“"Tariffs are taxes. The question always becomes who pays them—and it is rarely the country whose name appears on the press release."”