Trade Law Daily is a service of Warren Communications News.
Subscriber Login

CHIPS Act

The CHIPS and Science Act is a U.S. law signed by President Biden in August 2022. The act authorized approximately $280 billion in funding for domestic research and manufacturing of semiconductors. It included $39 billion to subsidize chip manufacturing in the U.S. and a 25% tax credit for the cost of manufacturing equipment. The bill provided $13 billion for semiconductor research and workforce training.  It also invested $174 billion in public sector research in science and technology. The bill was intended to strengthen the resilience of American supply chains and to counter China. 

to
articlessource documents
Refine Topic Search
Clear Terms

Search Primer

Term list: Separate terms with spaces, not commas or semicolons.

Multi-word term: Place inside quotes to ensure an exact match (e.g. "China import").

Acronyms: Use all capital letters to ensure the search is not looking for that letter sequence instead.

Required term: If a term must be included in any resulting articles, prefix it with a plus sign (e.g., +CBP).

Excluded term: If a term should be excluded from any articles being found, prefix it with a minus sign (e.g., -ruling).

Singular form: Always use the singular form when doing multi-word terms (e.g. "russian export control" instead of "russian export controls").

Shortest word form: When you have different word forms in a quoted (multi-word) term, you want to only include the shortest version if it is the last part of the expression (e.g., "entity list" instead of "entity listing" or "entity listed").

Former Congressman Ron Kind Joins Arnold & Porter as Senior Policy Adviser
February 7, 2023 |Trade People

Former Rep. Ron Kind, D-Wis., has joined Arnold & Porter as a senior policy adviser and resident in the Legislative and Public Policy practice, the firm announced. In Congress, Kind served on the House Ways and Means Committee and its Subcommittees on Health and Trade, where he engaged on various issues including multiple free trade agreements, the CHIPS Act, and tax and pension reform legislation.

Former USTRs Address WTO's Future, Congressional Inaction
October 19, 2022 by Mara Lee|Top News

Sen. Rob Portman, R-Ohio, who is retiring from Congress at year's end, told an audience at the Center for Strategic and International Studies that he was disappointed there were no trade items in the Creating Helpful Incentives to Produce Semiconductors and Science (CHIPS) Act. "But I’m ready to negotiate a grand bargain on trade in this lame-duck session," he said in a video address Oct. 17. Portman was scheduled to participate in a roundtable of former U.S. trade representatives but was traveling overseas on an official congressional trip.