News Snapshot:
U.S. Congress needs to act next week on China chip bill, Raimondo says WASHINGTON, July 14 (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Thursday that the Biden administration would support a pared-down version of legislation to boost the U.S. semiconductor industry and improve competitiveness with China, and Congress needs to act next week. Reporting by Richard Cowan; Writing by Eric Beech; Editing by Leslie Adler Our Standards: The Thomson Reuters Trust Principles. Source link
