Global Trade Alert
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 signed into law H.R. 4346 CHIPS and Science Act of 2022 extending USD 33 billion to support semiconductor manufacturing in the United States. The Act didn’t fur...

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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

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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