The semiconductor industry supply chain relies on the interconnectedness of global economies and the free flow of goods and data across borders. SEMI’s core trade principles include the protection of intellectual property rights, the reduction and elimination of tariffs, the harmonization of global technology standards, and a transparent, rules-based global trading system that fosters fair competition and market access for all companies in the semiconductor supply chain.
U.S. tariffs on $500 billion in imports from China have increased costs for U.S. consumers, and created economic uncertainty and market distortions that impact negatively U.S. businesses.
SEMI supports the implementation of the U.S. - China phase-1 agreement to increase Intellectual property rights (IPR) protection for the semiconductor industry.
As the U.S. negotiates new free trade agreements in 2020, including with the U.K., the European Union, India and regional blocs in Asia, SEMI will continue to engage with negotiators to advocate for our core principles. Additionally, the US – Mexico – Canada (USMCA) agreement that took effect in 2020 set a new digital trade standard for global trade agreements. SEMI joins with other technology associations and U.S. technology companies in supporting similar standards in any new trade deals.
Read SEMI-USTR comment letter concerning U.S. WTO Rights in Large Civil Aircraft Case
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SEMI Trade Perspectives
2019 in Review – A Transformational Year for SEMI Global Advocacy
January 7, 2020 - While no one organization can resolve current global trade issues, SEMI did exert its influence effectively on behalf of its members.
SEMI Supports Timely Ratification of the USMCA
December 12, 2019 - SEMI welcomes final passage of the USMCA and the critical certainty it will bring to trade rules within North America going forward.
SEMI, 600 Other Companies Urge Trump Administration to Resolve US-Sino Trade Dispute
June 13, 2019 – SEMI, with 660 other companies and associations, urged the Trump Administration in a letter not to escalate its trade disputer with China by imposing new tariffs and to negotiate a resolution.