Alerts6.18.21
Senate Passes Bill to Fortify U.S. in Technology and Economic Competition With China
U.S. Senate passes the U.S. Innovation and Competition Act (USICA) in order to fortify competition with China, which provides $200 billion in specified funding
On June 8, the U.S. Senate passed the U.S. Innovation and Competition Act (USICA). The bill contains trade provisions, economic incentives, and approximately $200 billion in funding for U.S. semiconductors and telecommunications system development, production and scientific research.
Keep Up to Date in a Changing World
Do you want to receive more valuable insights directly in your inbox? Visit our subscription center and let us know what you’re interested in learning more about.
