The Biden administration on Monday announced a last-minute trade investigation into Chinese-made "legacy" semiconductors that could heap more U.S. tariffs on chips from China that power everyday goods from autos to washing machines to telecoms gear.
The "Section 301" probe, launched just 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 that he has threatened on Chinese imports.
Departing President Joe Biden has already imposed a 50% U.S. tariff on Chinese semiconductors that starts on Jan. 1. His administration has tightened export curbs on advanced AI and memory chips and chipmaking equipment to China and also recently increased tariffs to 50% on Chinese solar wafers and polysilicon.
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RAGAS AND RAFI
Before Mohammad Rafi, singing style in Indian Cinema was typically straightforward and lacked dramatic modulations. Post-Rafi, playback singers were expected to exhibit versatility. His influence inspired legends like Kishore Kumar and Mukesh. On his 100th birth anniversary, let us look back at his rendering.
Captain hails Bumrah
Ahead of the Melbourne Test of the Border-Gavaskar Trophy against Australia, India skipper Rohit Sharma heaped praise on talisman pacer Jasprit Bumrah for being confident with his skill set.
Dallewal writes to PM Modi again
Farmer leader Jagjit Singh Dallewal on Tuesday wrote another letter to the Prime Minister, urging him to enact the MSP Guarantee Law based on the report of the Parliamentary Standing Committee on Agriculture.
Number of jobs in unincorporated sector up 10% at 12 crore: Survey
Unincorporated sector enterprises witnessed a 10.01 per cent increase in employment to over 12 crore during the year ended September 2024, while the number of establishments rose 12.28 per cent to 7.34 crore, according to a government survey.
'WE WANT TO BREAK IT DOWN TO JUST MELBOURNE': ROHIT
A head of the Boxing Day Test of the Border-Gavaskar Trophy, India skipper Rohit Sharma on Tuesday said that they are currently focussing only on the upcoming Test match and are looking forward to displaying a strong performance at Melbourne.
Rohit sounds confident on Gill's form
India skipper Rohit Sharma on Tuesday backed young batter Shubman Gill amid his poor form in Test cricket and said that they don't want to complicate too many things with the 25-year-old.
'His brain's condition is not stable': Doctor gives update on Kambli's health
Dr Vivek Dwivedi, treating former India cricketer Vinod Kambli at Aakriti Hospital in Thane, said on Tuesday that the 52-year-old's brain condition is not stable.
Arshad Nadeem wishes Neeraj Chopra on his special day
Paris Olympics gold medalist Arshad Nadeem took to social media to wish India's ace javelin thrower Neeraj Chopra on his birthday on Thursday.
Pro Kabaddi legends Anup, Ajay to return for PKL Melbourne Raid
The Pro Kabaddi League (PKL) is set to create history by taking the electrifying sport of kabaddi to Australia with the highly anticipated PKL Melbourne Raid.
Gill needs to back himself a bit more, says Ponting
Former cricketer Ricky Ponting opened up on India batter Shubman Gill's poor form overseas and said that the 25-year-old needs to back himself a bit more to get results.
