The Trump administration announced on Tuesday that it would begin imposing a tariff on imports of Chinese semiconductors starting on June 23, 2027. The tariff rate on the imports, which currently aren’t subject to duties, will be publicized no later than 30 days before the fees take effect.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
“China’s targeting of the semiconductor industry for dominance is unreasonable and burdens or restricts U.S. commerce and thus is actionable,” wrote the Office of the U.S. Trade Representative (USTR) in a Federal Register notice.
U.S.-China Trade Truce Could Shape Tariff Timing
The action comes after the USTR launched an investigation into Chinese chips in December 2024 under Section 301 of the Trade Act of 1974. The law allows the U.S. to impose tariffs in response to unfair foreign trade practices.
President Trump had previously inked a trade truce with Chinese President Xi Jinping in October. The delayed start date of the tariffs may signal a sign of respect toward the truce and could act as a tool of leverage if tensions rise between the two countries.
Stay ahead of macro events with our up-to-the-minute Economic Calendar — filter by impact, country, and more.