Rep. Richard Neal, Democrats unveil America Competes Act to boost U.S. trade competitiveness with China
U.S. House Democrats and U.S. Rep. Richard E. Neal, D-Springfield, unveiled this week their proposal to strengthen U.S. trade competitiveness with China. The legislation also includes $52 billion to subsidize U.S. semiconductor manufacturing and research, according to published reports. A global shortage of computer chips has hampered manufacturing, even of automobiles, and slowed the…