Advertisement
New Zealand markets closed
  • NZX 50

    11,803.28
    -49.52 (-0.42%)
     
  • NZD/USD

    0.5908
    -0.0012 (-0.21%)
     
  • ALL ORDS

    7,937.90
    +35.90 (+0.45%)
     
  • OIL

    82.17
    +0.27 (+0.33%)
     
  • GOLD

    2,305.50
    -40.90 (-1.74%)
     

The US Semiconductor Industry Feels the Tariff Pinch

The US Semiconductor Industry Feels the Tariff Pinch

President Donald Trump implemented the second round of tariffs on $200.0 billion in Chinese (FXI) imports on September 24. During the announcement of the second round of tariffs, Trump also warned that his administration planned to impose a third round of tariff on another $267.0 billion in Chinese imports. If Trump implements this latest round of tariffs, almost all Chinese imports would fall under this program.