US-EU TTC to Launch Early Warning ‘Pilot’ on Chips Supply Chain
U.S.-EU Trade and Technology Council negotiators, meeting over the weekend in Paris, agreed to set up an early warning “alert system” to share information about possible disruptions in the semiconductor supply chain, and “incentivize increased production” of chips, said the…
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group in a joint statement Monday. The TTC also agreed to put a “mechanism” in place to avoid chip “subsidy races” among local governments, it said.