Semi Opposes Trade Tariffs With China, Pointing Out Its Impact On The Chip Industry.

Jonathan Davis, the global vice president of the SEMI industry, yesterday called for the removal of more than 100 products from the tariff list proposed by the Trump administration, and stressed that the US China dispute may lead to a comprehensive trade war, exacerbated by the rise in consumer prices, the expansion of the US trade deficit and the slowdown in US economic growth.

On behalf of the electronic manufacturing supply chain, Davis says, "if the tariff is implemented, the loss of tens of millions of dollars in extra tax can be caused every year, and the decrease in exports, a decrease in income, threatens thousands of highly paid American jobs, and it does not solve the US worries about China. "Davis said that this situation will eventually weaken the ability of us chipmakers to sell overseas, stifle innovation and curb the leading position of technology in the US.

In a statement at the government panel hearing, including representatives from the U.S. Trade Representative (USTR), the Treasury, the Ministry of Commerce, the state and Defense Department and the Economic Advisory Committee, Davis explained that the more than 100 products included in the tariff list would be detrimental to the semiconductor supply chain. The tariff list includes the basic components of semiconductor manufacturing processes, which are oxygen in the chip industry. As part of his statement, Davis also submitted comments on the effects of tariffs.

Teradyne's general legal adviser, Charles Gray, said at the hearing that tariffs would threaten economic growth and also detrimental to American companies in China's related supply chain. Gray and Davis were among the more than 100 industry leaders. They provided more than 3000 reviews at the hearing in from May 15th to 17th to assess the effects and effects of tariffs.

The hearing is based on the trade practices of the Trump administration and China, specifically for infringement of intellectual property rights. In recent months, the Trump administration has begun to implement trade in China, increase tariffs, limit cross-border investment, and bring serious uncertainty to American enterprises.

The "301 survey" believed that China forced or forced American enterprises to transfer technology and intellectual property. The United States issued a list of imported products from China, worth about $50 billion, and suggested an additional tariff of 25% on the products on the list. This punishment will directly affect the semiconductor manufacturing industry.
SEMI continues to guide policy makers about the long-term health effects of tariffs on the semiconductor industry and balance the importance of trade to the future of the semiconductor industry.