April 3, 2019
A SEMI Electronic Materials Group (EMG) Hosted Webinar
10:00 am - 11:00 am
Online, Pacific Time,
Over the past year, trade relations between the United States and China have changed dramatically. The United States has imposed tariffs on over $250 billion worth of imports from China, and China has responded in kind. The trade tension has caused significant disruption and uncertainty for companies, including all segments of the semiconductor industry. Initial estimates indicate that these tariffs will cost semiconductor companies more than $700 million annually. This presentation will review the impacts of the tariffs on the microelectronics industry, other U.S. actions that could affect this industry, and the path ahead in 2019.
The current state of relations between the U.S. and China are the result of decades of growth and conflicting interests by these two economic and military powers. This discussion will examine how the current situation evolved and focus on the economic, political and military implications of decisions made by leaders of both nations.
U.S. China Trade - Implications for the Semiconductor Supply Chain
Jay Chittooran is a global public policy manager at SEMI, the global semiconductor industry association. At SEMI, he focuses on a number of policy areas, including trade and investment. Chittooran previously served as the director of services and digital trade at the Coalition of Services Industries, and before that, served as a policy advisor at Third Way, where his portfolio included trade. He has also worked in positions focused on economics at the Council on Foreign Relations, Google Ideas (now Jigsaw), Goldman Sachs, and West Point. He also served as chief policy advisor and speechwriter to Ray Kelly, the former commissioner of the New York City Police Department. Chittooran has also written speeches on a wide variety of issues for a number of policymakers. His research has appeared or been cited in the Washington Post, The Hill, Politico, Roll Call, Wall Street Journal, the Financial Times, the Houston Chronicle, and Time, among other publications, and he has briefed government officials, media outlets, and other interested parties. He holds an M.A. from Seton Hall University and a B.A. from Loyola University Chicago.
A Perspective on the Current State of U.S.-China Affairs
Senator Jim Talent was appointed by Senate Republican Leader Mitch McConnell for a two-year term expiring December 31, 2019. Senator Jim Talent is a national security leader who specializes in issues related to the Department of Defense. He has been active in Missouri and national public policy for over 25 years.
Senator Talent's public service began in 1984, when at the age of 28 he was elected to the Missouri House of Representatives where he served eight years, the last four as the Republican leader in the Missouri House.
In 1992, he was elected to the first of four terms in the U.S. House of Representatives where he represented Missouri's Second Congressional District. During his eight years in the U.S. House of Representatives, Talent co-authored the historic welfare reform bill, championed national security issues on the House Armed Services Committee, and enacted legislation to help revitalize distressed neighborhoods, both urban and rural. He was the Chairman of the House Small Business Committee from 1997-2001, where he worked on regulatory reform issues and on legislation to lower health care costs for small business people and their employees. Under Senator Talent’s leadership, the Small Business Committee became one of the most prolific and bi-partisan in the House of Representatives, passing numerous bills without a single dissenting vote.
In 2002, Missourians elected Talent to serve in the United States Senate where he worked with Republicans and Democrats to enact critical legislation for Missouri. He served on the Senate Armed Services, Energy and Natural Resources, and Agriculture Committees. Working with Oregon Democrat Ron Wyden, Senator Talent was successful in securing critical funding through construction bonding in the highway bill. He and Senator Dianne Feinstein (D-CA) succeeded in passing the most comprehensive anti-methamphetamine bill ever enacted into law. Senator Talent was a leader on energy issues and was instrumental in the passage of the renewable fuel standard.
After leaving the Senate in 2007, Senator Talent joined The Heritage Foundation as a Distinguished Fellow specializing in military affairs and conservative solutions to poverty. In 2008, he served as Vice Chairman of the Commission on Prevention of Weapons of Mass Destruction Proliferation and Terrorism. In 2010, he served on the independent panel that reviewed the Quadrennial Defense Review of the Department of Defense. He also served on the independent panel that reviewed the Quadrennial Defense Review of 2014. He also has been a member of the executive panel advising the Chief of Naval Operations. Senator Talent was the first national figure outside Massachusetts to endorse Governor Mitt Romney for president in 2007 and was Governor Romney’s senior policy advisor in both the 2008 and 2012 campaigns for president.
Senator Talent is an attorney and currently a Senior Fellow at the Bipartisan Policy Center and a Visiting Senior Fellow and Director, National Security 2020 Project, Marilyn Ware Center for Security Studies at the American Enterprise Institute. He earned his B.A. from Washington University in St. Louis and his J.D. from the University of Chicago Law School.
Wrap - Up
Complimentary for SEMI Members.
$99 for Non-Members.