FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices in the Semiconductor Sector
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A resilient and secure supply of foundational semiconductors is critical to U.S. national and economic security. These semiconductors are essential to key sectors of the U.S. economy, powering cars, medical devices, critical infrastructure, key aerospace and defense systems, and the goods and services we rely on every day. The People’s Republic of China (PRC) routinely engages in non-market policies and practices, as well as industrial targeting, of the semiconductor industry that enables PRC
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