The Zhitong Finance App learned that the Trump administration has initiated a national security investigation into imported pharmaceuticals and semiconductors in accordance with section 232 of the Trade Expansion Act, which may further expand the full-scale trade war initiated by Trump. According to two notices issued by the US Department of Commerce, it will begin investigating the impact of imports of “semiconductors and semiconductor manufacturing equipment” and “pharmaceuticals and pharmaceutical ingredients, including finished pharmaceutical products” on US national security. The survey will examine current and projected demand for pharmaceuticals and semiconductor products, the ability of domestic production to meet demand, and the possibility of export restrictions.

Zhitongcaijing · 04/15 11:17
The Zhitong Finance App learned that the Trump administration has initiated a national security investigation into imported pharmaceuticals and semiconductors in accordance with section 232 of the Trade Expansion Act, which may further expand the full-scale trade war initiated by Trump. According to two notices issued by the US Department of Commerce, it will begin investigating the impact of imports of “semiconductors and semiconductor manufacturing equipment” and “pharmaceuticals and pharmaceutical ingredients, including finished pharmaceutical products” on US national security. The survey will examine current and projected demand for pharmaceuticals and semiconductor products, the ability of domestic production to meet demand, and the possibility of export restrictions.