Trump Tariff Tracker – December 26

The U.S. Trade Representative ("USTR") concluded its investigation under Section 301 of the Trade Act of 1974, which was launched during the Biden Administration, regarding China's targeting of the semiconductor industry for dominance, but refrained from imposing immediate tariffs on China. Effective December 23, 2025, the USTR determined that China's acts, policies, and practices regarding semiconductors are actionable under Section 301.However, the notice from the USTR says that the appropriate responsive action is to wait to impose tariffs in 18 months on June 23, 2027, at a rate to be announced not fewer than 30 days prior to that date. Beijing responded by saying in a statement that it "firmly opposes" this measure taken by the United States.