Commentary If Donald Trump first made clear that China is a competitor, not a partner, as was previously claimed, the Biden administration has escalated the contest tremendously. Trump began the change in U.S. policy when in 2018 he imposed heavy tariffs on Chinese goods and demanded that Beijing alter its trade practices. In more recent…
Subsides for Me but Not for Thee
Commentary Although only some $52 billion in Washington’s $280 billion CHIPS for America Act actually aims to boost semiconductor production in the United States, Beijing is furious and has promised retaliation. China’s embassy in Washington has declared that Beijing is “firmly opposed” to the legislation officially called the Creating Helpful Incentives to Produce Semiconductors for…
Subsidies for Me but Not for Thee
Commentary Although only some $52 billion in Washington’s $280 billion CHIPS for America Act actually aims to boost semiconductor production in the United States, Beijing is furious and has promised retaliation. China’s embassy in Washington has declared that Beijing is “firmly opposed” to the legislation officially called the Creating Helpful Incentives to Produce Semiconductors for…
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