Friday, July 29, 2022

US Says It Will Limit Size of Government Subsidy on Semiconductor Chips

The US Commerce Department has announced that it will limit the size of government subsidies for semiconductor manufacturing. The Commerce Department said that applicants must supply detailed financial information and projections for proposed projects and capital investment plans.

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...