China Upends Rules of Origin for Products with Semiconductors

I haven’t seen this discussed elsewhere or here yet. Basically, China has changed its rules strategically to consider any product with a microprocessor fabricated in the U.S. to be U.S.-originated, and hence tariffed at 125%. This has uprooted supply chains overnight, giving much more advantage to any company that has their fabrication outside the United States and the general trade war. That immediately disadvantages United States chip fabrications and cripples the ability for semiconductor brands to do wafer fabrication on-shore in America. This particularly hits Intel and Texas Instruments. At least it’s being consistent with its “one China” policy, as