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White House calls for investigation into China’s alleged anti-competitive semiconductor industry
The White House wants to look into China's business practices that may have hindered competition in the semiconductor industry.
According to a White House statement, the USTR is looking into China for “acts, policies and practices” that reduced or eliminated competition in the marketplace for semiconductors. President Biden launched an investigation in February into China and other unnamed countries over possible vulnerabilities and threats from connected vehicles. Then in May, the White House announced a significant increase in tariffs on $18 billion worth of Chinese imports including semiconductors.
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