WASHINGTON, Dec. 29 -- Office Of The United States Trade Representative has issued a notice called: Notice of Action: China's Acts, Policies, and Practices Related to Targeting of the Semiconductor Industry for Dominance.

The notice was published in the Federal Register on Dec. 29 by Jennifer Thornton, General Counsel, Office of the United States Trade Representative.

Summary: The United States Trade Representative (U.S. Trade Representative) has determined that China's acts, policies, and practices are actionable under Section 301 of the Trade Act of 1974 and that appropriate responsive action includes taking tariff action now on semiconductors from China, with an initial tariff level of 0 percent, increasing in 18 months on June 23, 202...