On Thursday, U.S.
President Donald Trump announced the mutual tariffs, under which his administration will enforce varying tariff rates on all trade partners.
As part of this policy, the U.S.
plans to levy a 34 percent tariff on Chinese imports.
The semiconductor industry, previously a focus of trade stress, was not included in the current tariff list.
Despite the semiconductor sector being excluded this time, prior policies have already pressed U.S.
tariffs on Chinese semiconductors to 50 percent, efficient January 2025.
Over the last few years, the U.S.
has heightened its technological constraints on China.
Considering that 2018, over 2,000 Chinese entities in essential sectors, such as expert system, quantum computing, semiconductors, and aerospace, have been added to the Entity List.
Amid these trade barriers, Chinese innovation firms have demonstrated resilience by leveraging their self-developed technological systems and worldwide supply chains.Chinas semiconductor industry, for example, achieved substantial turning points in 2024.
According to Chinas General Administration of Customs, chip exports reached 298.11 billion units, with a total export worth of $159.5 billion, an 18.7 percent year-on-year increase.Chinas worldwide trade infrastructure has actually also expanded rapidly.
Since May 2024, the Ministry of Commerce reported that China had actually developed over 2,500 overseas warehouses, covering more than 30 million square meters.Long-term financial investments in essential research study are now translating into core competitive benefits.
Data from the Ministry of Science and Technology show that Chinas costs on fundamental research increased to 8.3 percent of overall research study and advancement financial investment in 2024.
As issues mount over the impact of new U.S.
tariffs, leading financial experts warn that the new U.S.
tariffs could destabilize domestic industries and send out shockwaves through the worldwide economy.As global trade and economic structures deal with prospective fragmentation, an analysis by the Zhejiang Institute of Industry and Information Technology recommends that China should adopt a phased technique to accomplishing technological self-sufficiency.
In the semiconductor sector, the report recommends focusing resources on establishing a fully independent supply chain for the fully grown 28-nanometer process, from EDA tools to photoresists, while improving efficiency through innovative chiplet packaging technology.The report also warns versus the self-sufficiency trap, warning that an isolated method could result in missed opportunities for technological combination.
Instead, it advocates for open-source innovation to bring in global intellectual resources.