Statement by Ambassador Katherine Tai Following White House CHIPS and Science Act Signing Ceremony

August 09, 2022

“The CHIPS and Science Act is a major step forward for the Biden Administration’s effort to invest in cutting edge technologies and create good-paying jobs.  It will help build a resilient economy that can withstand future shocks, lower prices, and deliver goods to consumers without significant disruptions by reintegrating American manufacturing and diversifying our supply relationships.
“We will build on this historic accomplishment and continue to develop trade policies that create smart and durable supply chains and increase our global competitiveness through the development and deployment of critical 21st century technology.”