US to Probe China Semiconductor Chips, Setting Up Trump For Tariffs | Bloomberg The Pulse 12/24/24

From Bloomberg Markets and Finance.

US President Joe Biden’s administration is launching an investigation that will offer President-elect Donald Trump a choice about whether to enact new tariffs on Chinese-made semiconductor chips. The White House announced Monday it would initiate the inquiry into so-called foundational chips — also known as legacy or mature-node semiconductors — made in China. While not as advanced as the chips driving artificial intelligence, the older technology is ubiquitous across a wide range of applications including autos, airplanes, medical devices and the telecommunications industry.

Today’s guests: Kit Juckes, Societe Generale
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.

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00:11:39 – Biden to probe China chips ahead of Trump transition
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