US president Joe Biden has imposed a 100% tariff on Chinese EVs imported into the US and a 50% tariff on semiconductors.
Both tariffs are in response to an anticipated flood of cheap EVs and chips.
“We know the PRC’s playbook and cannot allow China to undermine U.S. supply chains by flooding the market with artificially cheap products that hurt American businesses and workers,” says US Secretary for Commerce Gina Raimondo.
China js reported to have a 7-8 million surplus of EVs from government subsidised production and is looking for markets for them. It is said to have built a fleet of Ro-Ro ships capable of taking 7,000 EVs at a time to foreign markets.
In semiconductors it is said to be spending 47% of the world’s total capex on new capacity and is bringing 18 new fabs on-line this year. By 2030 it is expected to have doubled capacity.
These moves are aimed at flooding foreign markets with cheap chips and undermining the Western semiconductor industry, say analysts.
The EU has been considering its response to the threat of Chinese surpluses being dumped in Europe and is expected to report in November. However the German car industry is said to be against market restrictions on Chinese EVs because it doesn’t want to lose the access it enjoys to the China market.
Abonnieren fuer regelmaessige Marktupdates.
Bleiben Sie auf dem neuesten Stand der Branchentrends, indem Sie unseren Newsletter abonnieren. Unser Newsletter ist Ihr Zugang zu erstklassiger Marktexpertise.
ChangXin Memory Technologies (CXMT), China's top DRAM supplier, is reportedly preparing to phase out DDR4 products for server and PC use by mid-2026. As the company pivots to DDR5 and high-bandwid
Japan's push to revive its semiconductor manufacturing is hitting speed bumps as major manufacturers expressed cautiousness over operation or expansion amid weak demand outside of AI.According to
The global semiconductor manufacturing industry entered 2025 with typical seasonal patterns. However, looming tariff threats and evolving supply chain strategies are expected to create atypical season
At the TSMC Technology Symposium 2025 on May 15 in Hsinchu, Taiwan, T.S. Chang, VP of Advanced Technology and Mask Engineering at TSMC, announced the company's accelerated fab expansion plans. Pre
Chinese listed semiconductor equipment and materials companies released their 2024 annual financial reports in late April, revealing strong revenue growth but a decline in overall profitability. Despi
The Semiconductor Industry Association (SIA) reports that global semiconductor sales reached USD 167.7 billion in the first quarter of 2025, marking an 18.8% increase compared to the same period last
