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Global Trade Alert

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United States of America: U.S. Administration enacts the CHIPS and Science Act of 2022

Description

On 9 August 2022, the US Administration enacted the CHIPS and Science Act of 2022 (H.R. 4346) allocating USD 1.5 billion for the Public Wireless Supply Chain Innovation Fund to support the development...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

09 Aug 2022

Revocation date

30 Sep 2032

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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