Chip Crisis Escalates: 3 Semiconductor Stocks to Sell on 50% China Tariffs

Trade tensions between the world’s two largest economic powerhouses, the United States and China, resume. The Biden Administration has chosen to not only continue with Trump-era economic policy that has pitted the two countries against one another but also sought to intensify matters. In an announcement that came out in mid-May, the current administration announced a new package of tariffs on a range of Chinese goods. The 100% tariffs on Chinese electric vehicles (EVs) consumed the space of most headlines, ...