📊Executive Summary

The U.S. plans to implement new tariffs on semiconductors from China starting June 23, 2027, adding to existing tariffs of 50%. The initial tariff will be 0% for 18 months, after which it will increase, impacting sourcing decisions for U.S. companies reliant on Chinese semiconductor imports. This move is part of ongoing trade tensions and aims to counter China's dominance in the semiconductor sector, which poses economic security risks to U.S. industries, including automotive and military. Procurement teams should prepare for potential cost increases and sourcing shifts due to these tariffs....