Economic news

U.S. Senate to start voting Tuesday on slimmed-down China semiconductor bill

2022.07.18 22:33

U.S. Senate to start voting Tuesday on slimmed-down China semiconductor bill
FILE PHOTO: Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration

WASHINGTON (Reuters) – Democratic Majority Leader Chuck Schumer said the U.S. Senate would begin voting on Tuesday on legislation to boost the U.S. semiconductor industry and improve competitiveness with China.

“We need to move quickly,” he said on Monday as the Senate opened for the week.

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