Who Does Protectionism Protect? Not You.

In August, Congress passed and president Joe Biden signed the CHIPS and Science Act, a $280 billion corporate welfare bill for US semiconductor manufacturers. In October, the Biden administration added new restrictions on  semiconductor exports to China, banning not just sales of semiconductors, but of the tools to make them — including by and to … Continue reading Who Does Protectionism Protect? Not You. → - by Thomas L. Knapp
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