Trump wants to kill $52.7 billion semiconductor chips subsidy law ...Middle East

“The CHIPS act is a horrible, horrible thing. We give hundreds of billions of dollars and it doesn’t mean a thing. They take our money and they don’t spend it,“ Trump said in a speech to Congress. “You should get rid of the CHIPS Act and whatever is left over, Mr. Speaker, you should use it to reduce debt.” (Reporting by David Shepardson; Editing by Christian Schmollinger)

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