#币安安全见解

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

I. Key Points of Policy Adjustment:

1. Latest announcement from U.S. Customs:

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

- Special tariffs on semiconductors will officially take effect next month

2. Statements from Key Figures:

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

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

II. Industry Impact Analysis:

1. Dispute over Origin Certification:

- Chinese customs clarified that "the wafer fabrication location serves as the origin of the chips"

- This has led to challenges in supply chain restructuring for some multinational companies (e.g., Texas Instruments)

2. Market Response:

- After China implemented a 34% reciprocal tariff:

• Domestic semiconductor manufacturers' capacity utilization significantly increased

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

• A phenomenon of localized supply chain substitution emerged

III. Industry Impact Assessment:

The current tariff policy is reshaping the global semiconductor supply chain landscape, and it is recommended that the industry focus on:

1. Evolution of origin certification standards

2. Capacity allocation strategies of multinational companies

3. Price transmission effects in the secondary market