During his confirmation hearing for Commerce Secretary, Howard Lutnick called the CHIPS Act an "excellent down payment" but pledged to review binding awards (Mackenzie Hawkins/Bloomberg)



Mackenzie Hawkins / Bloomberg:

During his confirmation hearing for Commerce Secretary, Howard Lutnick called the CHIPS Act an “excellent down payment” but pledged to review binding awards  —  – Trump has said he prefers tariffs for luring chipmakers to US  — Lutnick called the Chips Act an ‘excellent down payment’



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