components, chip industry, trade war, tariffs, U.S., China

Chip Industry Holds Its Breath as Trade War Heats Up

Semiconductor industry analysts and market watchers expressed concern after U.S. President Donald Trump announced that the U.S. would impose 25 percent tariffs on $50 billion of Chinese goods, including many products in the semiconductor supply chain. U.S. chip firms and their suppliers largely oppose the tariffs and the escalation of a trade war between the world’s…