With labyrinthine supply chains, a complex cost structure that often leverages state subsidies and explicit facilitation, and their strategic value as universal inputs for innumerable products, semiconductors currently lie at the very heart of the Thucydides Trap-type of tariff-related chess moves between the US and China. Yet, a new analysis now portends drastic implications for the global semiconductor sphere should the current regime of elevated tariffs become the norm. Report: If U.S.-China tariffs exceed 40%, next year's semiconductor market size could shrink by around 34% compared to initial forecasts According to market research firm TechInsights on the 26th, the growth […]
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