Bloomberg Law
Feb. 1, 2023, 12:00 PM

Biden’s Chip Battle With China Is Picking Up Steam: Supply Lines

Bryce Baschuk
Bryce Baschuk
Bloomberg News

It’s pretty clear at this point that President Joe Biden is no softy when it comes to economic competition with China.

His administration has rolled out stiff export restrictions, maintained tariffs, advanced a big industrial-policy revamp and approved massive new subsidies that aim to bolster US manufacturing might.

In many ways, the scope and scale of Biden’s China strategy have exceeded those of a predecessor who shook the global trading system with his two-year trade war.

Case in point: The Biden administration is now considering cutting off Huawei Technologies from all of its American suppliers, including Intel and Qualcomm. (Read more ...