Friday, February 14, 2025

Exclusive: Trump prepares to change US CHIPS Act conditions, sources say | Reuters

Four sources with knowledge of the discussions told Reuters that the White House is concerned about many of the terms underpinning the $39 billion Chips and Science Act industry subsidies. 

Those encompass additional clauses, including requirements added into contracts by the administration of President Joe Biden, including that recipients must use unionized labor to build factories and help provide affordable childcare for factory workers...

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