Trump wants to kill $52.7 billion semiconductor chips subsidy law

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WASHINGTON : President Donald Trump said Tuesday U.S.lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt".

The CHIPS act is a horrible, horrible thing.

We give hundreds of billions of dollars and it doesn't mean a thing.

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Article Details

Category: EconomyBusiness

Markets: SingaporeSouth KoreaTaiwanUnited States

Topics: Thing Horrible Kill Mediacorp Experience 2022 Debt Trump Chips Semiconductor Wants

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-05 @ 11:25:33 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 188 words

Reading Time: 2 minutes read

Sentences: 28 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 26673711

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About Channel News Asia

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 66 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 37 minutes ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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