fbpx

Type to search

US Set to Double Tariffs on Chinese Semiconductors in 2025 – TH

The reported move comes after US President Joe Biden announced sweeping tariff increases on Chinese chip, EV, battery and solar cell imports


Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips.
Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips. photo Reuters

 

The US is poised to double its tariffs on Chinese semiconductors next year, Tom’s Hardware reported, as the White House shows no signs of letting up on its squeeze on China’s tech industry. 

According to a White House press release, tariffs on Chinese chips will increase from 25% to 50% in 2025, effectively doubling its tax rate, the story went on, as it also seeks to protect its $280 billion investment in its own semiconductor industry.

Biden’s 2022 CHIPS Act has seen the administration try to entice American semiconductor companies like Intel and international companies like TSMC to set up shop in the US, while at the same time it tries to prevent its own high-end tech falling into the hands of China’s military.

Read the full story: Tom’s Hardware

 

  • By Sean O’Meara

 

Also on AF:

Biden Ramps US Tariffs on Chinese EVs, Metals, PV Cells, Chips

China Shrugs as Biden’s New Tariffs Seen as Election Ploy

Chinese Firms Close in on High-End AI Memory Chips Coup

Chinese Firms Seen Shifting Production Abroad to Avoid US Tariffs

 

 

Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.