August 09, 2022

Industrial policy is no longer a taboo in the US. The turning point Chips Act

Featuring Emily Kilcrease

Source: Formiche

Journalist Luigi Romano

With the measure, industrial policy is no longer taboo in Washington, said Emily Kilcrease, director of Energy, Economics and Security at the Center for a New American Security. "The legislator has placed important constraints on the $ 52 billion in subsidies for chips, including severe restrictions on the investments that subsidized companies can make in China," she commented, inviting people to keep an eye on the issue of controls on chips. outgoing investments. "In the course of the next year, both from Congress and from the White House, we expect further interventions on the matter."

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Authors

  • Emily Kilcrease

    Senior Fellow and Director, Energy, Economics and Security Program

    Emily Kilcrease is a Senior Fellow and Director of the Energy, Economics, and Security Program at CNAS. Her research focuses on the U.S.-China economic relationship; alignment...