#美国半导体关税

【Dynamic Analysis of U.S. Semiconductor Tariff Policy】

I. Key Points of Policy Adjustment:

1. Latest Announcement from U.S. Customs:

- Temporary exemption of tariffs on certain electronic products (mobile phones/computers)

- Special tariffs on semiconductors will officially take effect next month

2. Statements from Key Figures:

- Secretary of Commerce Raimondo emphasized that "the policy has a phased characteristic"

- Former President Trump expressed through social media that "there is room for adjustment in the current policy"

II. Industry Impact Analysis:

1. Origin Certification Dispute:

- Chinese Customs clarified that "the wafer fabrication site is considered the origin of the chip"

- This leads to challenges for some multinational companies (such as Texas Instruments) in supply chain reconstruction

2. Market Response:

- After China implemented a 34% reciprocal tariff:

• Domestic semiconductor manufacturers have significantly increased capacity utilization

• Companies like Yangtze Memory Technologies adjusted product pricing strategies (approximately 10% increase)

• A phenomenon of localized supply chain substitution has emerged

III. Industry Impact Assessment:

The current tariff policy is reshaping the global semiconductor supply chain landscape, and it is recommended that the industry pays attention to:

1. Evolution of origin certification standards

2. Capacity allocation strategies of multinational companies

3. Price transmission effects in the secondary market