China vows to retaliate against ‘unreasonable’ US semiconductor tariffs

China said on Wednesday it would hit back against the latest US tariffs targeting its semiconductor sector. On Tuesday, the Office of the United States Trade Representative said it would raise the tariffs on June 23, 2027, with the level to be announced at least 30 days in advance. It followed the release of the findings of a year-long probe into China’s chip sector, launched in the final month of the Joe Biden administration. The office said Beijing’s push to dominate the sector was...