SEMI supports removal of U.S. tariffs on semiconductor products from China
SEMI (Milpitas, CA) announced its support for calls on the Trump administration yesterday by nearly 50 members of Congress to remove tariffs on U.S. semiconductor products imported from China. In a bipartisan letter to Ambassador Robert Lighthizer, U.S. Trade Representative (USTR), the members of the House of Representatives--led by Reps. Pete Sessions (R-TX) and Zoe Lofgren (D-CA), the House co-chairs of the Congressional Semiconductor Caucus--stressed the importance of semiconductors in the modern economy and argued that the duties will do nothing to address concerns regarding China's trade practices.
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SEMI fully supports the Congressional recommendation and believes that the proposed tariffs will ultimately reduce semiconductor-related exports, limit technology innovation, introduce significant uncertainty in the semiconductor supply chain, and cost U.S. companies an estimated more than $500 million annually. The tariffs also threaten to raise prices of semiconductor products and put thousands of high-paying and high skill jobs at risk. Already, SEMI has testified before a U.S. government interagency panel weighing the merits of the tariffs, urging the Trump administration to eliminate tariffs on semiconductor products.
SEMI connects more than 2000 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, devices, and services that enable smarter, faster, more powerful, and more affordable electronic products. FlexTech, the Fab Owners Alliance (FOA) and the MEMS & Sensors Industry Group (MSIG) are SEMI Strategic Association Partners.
SOURCE: SEMI; http://www.semi.org/en/semi-supports-congressional-response-ustr-regarding-china-trade-tariffs
Gail Overton | Senior Editor (2004-2020)
Gail has more than 30 years of engineering, marketing, product management, and editorial experience in the photonics and optical communications industry. Before joining the staff at Laser Focus World in 2004, she held many product management and product marketing roles in the fiber-optics industry, most notably at Hughes (El Segundo, CA), GTE Labs (Waltham, MA), Corning (Corning, NY), Photon Kinetics (Beaverton, OR), and Newport Corporation (Irvine, CA). During her marketing career, Gail published articles in WDM Solutions and Sensors magazine and traveled internationally to conduct product and sales training. Gail received her BS degree in physics, with an emphasis in optics, from San Diego State University in San Diego, CA in May 1986.