News list for "US Department of Commerce"
The U.S. government is in talks with Intel (INTC. O) about replacing subsidies in the Chip and Science Act with a shareholding, Commerce Secretary J.K. Lutnik confirmed. Mr. Lutnik said on Tuesday that the plan would not give the U.S. government governance or voting rights in the company. He attacked the chip bill signed by former President Joe Biden, saying it provided subsidies to semiconductor makers without allowing the United States to pay for them.
On July 9, according to the Washington Post, US Commerce Secretary Howard Lutnik said in an interview with the US Consumer News and Business Channel (CNBC) on the 8th local time that the US delegation is expected to meet with Chinese officials next month to discuss trade issues. According to Lutnik, the members of the US delegation also include Treasury Secretary Scott Bescent and US Trade Representative Jamison Greer.
According to the Washington Post, US Commerce Secretary Howard Lutnik said in an interview with the US Consumer News and Business Channel (CNBC) on the 8th local time that the US delegation is expected to meet with Chinese officials next month to discuss trade issues. According to Lutnik, the members of the US delegation also include Treasury Secretary Scott Bessant and US Trade Representative Jamison Greer. (Global Network)
