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America Launches a Probe Into One of China’s Most Lucrative Industries

America Launches a Probe Into One of China’s Most Lucrative Industries

by Ireland Owens, DCNF
December 25, 2024
in News
Reading Time: 3 mins read

  • Why Stocking Up on “Survival” Food Is Essential Today


DCNF(DCNF)—The United States launched a probe into China’s semiconductor industry on Monday with just weeks remaining in President Joe Biden’s term.

The U.S. Trade Representative (USTR)’s office announced it was launching an investigation into China’s “acts, policies, and practices related to targeting of the semiconductor industry for dominance.” China largely dominates the semiconductor market, with Chinese semiconductors being used in various applications such as industrial machinery and military equipment.

Promised Grounds

China uses “extensive anti-competitive and non-market means, including setting and pursuing market share targets, to achieve indigenization and self-sufficiency,” the U.S. alleges. The announcement also accused China of certain policies and practices “undermining the competitiveness of American industry and workers.”

The announcement accused China of seeking “to dominate domestic and global markets.”

“This investigation underscores the Biden-Harris administration’s commitment to standing up for American workers and businesses, increasing the resilience of critical supply chains, and supporting the unparalleled investment being made in this industry,” Trade Representative Katherine Tai said in the press release.

China — whose semiconductor market size was valued at $179.48 billion in 2023 — is expected to account for nearly half of all new capacity to manufacture mature-node semiconductors over the next three to five years, according to a December report from the Department of Commerce’s Bureau of Industry and Security (BIS).

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China has a long-standing pledge to achieve “reunification” with Taiwan. The U.S. ordered Taiwan Semiconductor Manufacturing Co (TSMC) to halt shipments of advanced chips used in AI applications to China, Reuters reported in November. TSMC notified the U.S. in October that one of its chips had been found in a Chinese AI processor, according to Reuters.

The USTR’s investigation comes amid escalating trade tensions between the U.S. and China. The BIS announced on Dec. 2. a package of rules designed to reduce China’s capability to produce advanced semiconductors. China swiftly retaliated against the new set of rules by announcing an export ban on certain minerals and materials critical to producing items such as semiconductors and batteries.

President-elect Donald Trump has vowed to impose sweeping tariffs on imported goods when he returns to the White House in January 2025, including on goods imported from China. The U.S. implemented various tariffs against Beijing during Trump’s first term as part of a contentious U.S.-China trade war.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact [email protected].





Why One Survival Food Company Shines Above the Rest

Let’s be real. “Prepper Food” or “Survival Food” is generally awful. The vast majority of companies that push their cans, bags, or buckets desperately hope that their customers never try them and stick them in the closet or pantry instead. Why? Because if the first time they try them is after the crap hits the fan, they’ll be too shaken to call and complain about the quality.

It’s true. Most long-term storage food is made with the cheapest possible ingredients with limited taste and even less nutritional value. This is why they tout calories so much. Sure, they provide calories but does anyone really want to go into the apocalypse with food their family can’t stand?

This is what prompted the Llewellyns to launch Heaven’s Harvest. They bought survival food from multiple companies and determined they couldn’t imagine being stuck in an extended emergency with such low-quality food. They quickly discovered that freeze drying food for long-term storage doesn’t have to mean sacrificing flavor, consistency, or nutrition.

Their ingredients are all-American. In fact, they’re locally sourced and all-natural! This allows their products to be the highest quality on the market, so good that their customers often break open a bag in a pinch to eat because they want to, not just because they have to due to an emergency.

At Heaven’s Harvest, their only focus is amazing food. They don’t sell bugout bags, solar chargers, or multitools. They have one mission – feeding Americans in times of crisis.

What they DO offer is the ability for people to thrive in times of greatest need. On top of long-term storage food, they offer seeds to help Americans for the truly long-term. They want them to grow their own food if possible which is why they offer only Heirloom, Non-GMO, Non-Hybrid, Open-Pollinated seeds so their customers can build permanent food security on their own property.

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Tags: ChinaDaily Caller News FoundationLedeTop Story

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