Chips Act Is the Carrot, Where’s The Stick?

Josh Rogin’s recent column on the Chips Act, “Designed to compete with China, the Chips bill falls short,” calls needed attention to multi-front battle the US must be waging to halt China’s quest to dominate global high-tech manufacturing, and help us compete and win against America’s leading adversary. While the long overdue Chips Act will strengthen America’s position in the semiconductor market, create American jobs and bolster our national security, the bill will only be effective over the long-term when complemented with other strategies, like export controls and adding more companies linked to the Chinese government on the Entity List. CTT Co-Founder Dr. Roslyn Layton underscored these concerning omissions from the bill in a recent interview with the UK Telegraph… Read More