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The world’s biggest importer of semiconductors is China, with the United States running a close second. China relies on semiconductors to power its massive consumer electronics industry. In 2020, China spent more on semiconductors than it did on oil imports.
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Trump Imposes Heavy Tariffs, China and EU Retaliate Former U.S. President Donald Trump has introduced a 104% tariff on Chinese imports and new duties on electronics, leading to retaliation from China and the European Union. Global markets responded
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Let's decode the Semiconductor Industry in India : High Import Reliance: • India depends heavily on other countries for semiconductors. • Major suppliers: China, Taiwan, South Korea, and the USA. • In 2023, India imported semiconductors worth ov
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