US Trade Representative Katherine Tai said the probe aims to protect American and other semiconductor producers from China's massive state-driven buildup of domestic chip supply.
The "Section 301" probe, launched four weeks before President-elect Donald Trump takes office on Jan. 20, will be handed over to his administration in January for completion, Biden administration officials said.
The effort could offer Trump a ready avenue to begin imposing some of the hefty 60% tariffs he has threatened on Chinese imports.
هذه القصة مأخوذة من طبعة December 24, 2024 من Financial Express Pune.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 24, 2024 من Financial Express Pune.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
A middle-class meltdown
Economic shift, stagnating real income post Covid weigh on spending on daily items
Shyam Benegal cremated with full state honours
Veteran filmmaker Shyam Benegal, the pioneer of the parallel cinema movement in Indian cinema in the 1970s and 1980s, was cremated on Tuesday with full state honours and a three-gun salute.
Champions Trophy: India to play Pakistan on Feb 23
INDIA WILL PLAY all their matches of the Champions Trophy in Dubai with the marquee clash against arch-rivals Pakistan scheduled on February 23, the International Cricket Council (ICC) announced on Tuesday.
Net gains: Secured Virat, cautious Rohit gear up
INDIA GOT A chance to bat in the nets on fresher pitches on Tuesday, their last day of training as Christmas day is a rest day for them.
₹2-cr fine on Deloitte Haskins for Zee audit
In July 2019, the bank appropriated the FD towards the settlement of loan amounts due from seven promoter group companies. However, the NFRA noted that neither the creation and maintenance of FD, nor its reappropriation by the bank was with the approval of the board or shareholders of the company.
Local satellites push draws 30 aspirants
The applicants for INSPACe's latest effort in this regard include startups such as Google-backed Pixxel and Baring Private Equity-backed SatSure, as well as larger entities like Tata Group's Tata Advanced Systems.
Economists for FTAs, land & labour reforms
RCEP was signed by the group of countries in November 2020 except India.
Walking into a minefield
Even though she made a very strong pitch that funds will move away from the regulated markets towards crypto and similar assets, if bourses don't move towards instantaneous settlement, neither brokers, nor the exchanges made a real effort to back her.
Uniting for greater good
COLLABORATIVE PHILANTHROPY is not a new idea. History has many examples of communities coming together for the common good.
Labour-intensive exports: Gains likely to be short-lived
India's textile exports saw modest growth in April-November, but this may be short-lived due to a volatile rupee and challenges in the global market. While a weaker rupee could boost exports, the gains may be offset by increased raw material costs and the need for greater competitiveness.
