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Semiconductor Subsidies, Tariffs Are the Price of Reducing Dependence on China
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wsj.comSubsidies and tariffs waste resources, burden taxpayers and politicize decisions best left to markets. No wonder economists extol free trade.
But there are exceptions, and the subsidies that Congress is on the verge of approving for semiconductor production may be one. So might the tariffs that President Donald Trump imposed, and President Biden has maintained, on imports from China.
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