Congress Is Giving Billions to the Chip Industry. Strings Are Attached. - The New York Times

Industrial policy is back in Washington, as a vast semiconductor and science bill gives the government new sway over a strategic industry.

Its an embrace of industrial policy not seen in Washington for decades. Gary Hufbauer, a nonresident senior fellow at the Peterson Institute for International Economics who has surveyed U.S. industri… [+3156 chars]

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