Biden Administration Launches Section 301 Investigation into Chinese Semiconductor Industry
By EsqSocial Corporation 24/12/24
On December 23, 2024, the Biden administration announced that the Office of the U.S. Trade Representative ("USTR") is launching a new investigation into China's trade practices with respect to the semiconductor industry. In a fact sheet, the White House stated that China “routinely engages in non-market policies and practices, as well as industrial targeting, of the semiconductor industry,” which harms the competitiveness of American industry and creates “dangerous supply chain dependencies.”...
By: Baker Botts L.L.P.