Investing.com -- The U.S. Trade Representative’s Office is scheduled to conduct a hearing on Tuesday, focusing on older Chinese-manufactured semiconductors, often referred to as "legacy" chips. This investigation could potentially lead to additional tariffs on Chinese chips, which are integral components in a wide range of consumer products, including automobiles, washing machines, and telecommunications equipment.

The investigation was initiated by President Joe Biden’s administration in December. The primary objective of this probe is to safeguard American and other semiconductor manufacturers from China’s considerable state-supported expansion of its domestic chip supply. Since the start of the year, a 50% U.S. tariff has been imposed on Chinese semiconductors.

The hearing on Tuesday will delve into the implications of these older Chinese-made semiconductors and the potential for further tariffs. The outcome of this hearing could have a direct impact on the cost and availability of numerous everyday goods that rely on these chips for their operation.

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