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US Initiates 'Section 301 Investigation' on CN Mature Process Chip Industry; CN Criticizes US for Repeated Mistakes
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The Office of the US Trade Representative announced the launch of the "Section 301 investigation" into policies related to China's mature process chip industry. A spokesperson for China's Ministry of Commerce expressed strong dissatisfaction and firm opposition, stating that the "Section 301 investigation" has clear unilateral and protectionist overtones. Previously, the US "Section 301 tariffs" on China were ruled by the World Trade Organization (WTO) to violate WTO rules, and China has repeatedly lodged stern representations with the US, the spokesperson added. The US investigation will disrupt and distort the global chip industry supply chain, harming the interests of US businesses and consumers and marking yet another mistake. AAStocks Financial News |
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