Global Chip Supply Chain Faces Disruptions
Businesses across the global semiconductor supply chain are preparing for potential disruptions due to an escalating trade war.
China has imposed curbs on rare earth mineral exports, prompting the US to respond with additional tariffs and restrictions on software sales to China.
China's restrictions represent the first major attempt by Beijing to exercise long-arm jurisdiction over foreign companies to target the semiconductor industry.
This move threatens to stall the production of chips powering the artificial intelligence (AI) boom.
In response, US President Donald Trump announced an additional 100 percent tariff on China and export controls on critical software.
Author's summary: Trade war escalates, disrupting global chip supply chain.
- China imposes curbs on rare earth mineral exports
- US responds with additional tariffs and software sales restrictions
- Global semiconductor supply chain faces potential disruptions
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