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U.S., EU Agree to Coordinate Semiconductor Subsidy Programs
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COLLEGE PARK, Md.—Top U.S. and European Union officials agreed to work closely to strengthen semiconductor supply chains, including sharing information about their respective programs to provide massive subsidies to promote domestic chip production.
At a Monday gathering to discuss trade and technology issues, however, the two sides failed to make progress on a dispute over the U.S.’s new electric-vehicle program that has strained bilateral ties, an issue that was raised by French President Emmanuel Macron during his meeting with President Biden last week.
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