#Latest news with #domesticinvestmentBloomberg6 days agoBusinessBloombergUS Is Reworking Subsidy Awards to Chipmakers, Lutnick SaysUS Commerce Secretary Howard Lutnick said the Trump administration has been reworking agreements forged with semiconductor makers under the 2022 Chips Act to secure what he called better terms aimed at generating additional domestic investment. 'Are we renegotiating? Absolutely, for the benefit of the American taxpayer, for sure,' Lutnick said Wednesday at a Senate Appropriations Committee. 'We're getting more value for the same dollars.'
Bloomberg6 days agoBusinessBloombergUS Is Reworking Subsidy Awards to Chipmakers, Lutnick SaysUS Commerce Secretary Howard Lutnick said the Trump administration has been reworking agreements forged with semiconductor makers under the 2022 Chips Act to secure what he called better terms aimed at generating additional domestic investment. 'Are we renegotiating? Absolutely, for the benefit of the American taxpayer, for sure,' Lutnick said Wednesday at a Senate Appropriations Committee. 'We're getting more value for the same dollars.'