Recently, Senate Majority leader Chuck Schumer shared that the US Congressional bipartisan leader had begun to launch legislation focusing on key areas with the goal of defeating the Chinese Communist Party. Quoc (CCP) and creating new jobs for Americans.
“I hope this bill will focus on the US short and long term plans to protect the semiconductor supply chain and enable us to maintain our leadership positions in the artificial intelligence fields,” he said. 5G, quantum computing, biomedical research, storage (data) …,“Mr. Schumer said during the press conference. “We cannot rely on foreign chips, we cannot let China (the CCP) overtake us in this field.”
The move is in response to an administrative order in late February by President Biden, which requires various US authorities within 100 days to conduct a comprehensive review of the supply chain of high-capacity batteries, drugs, rare earth minerals and semiconductor chips.
In May of last year, Mr. Schumer and Republican Senator Todd Young jointly proposed “The Law on Endless Borders ” (Endless Frontier Act) aims to enhance America’s competitive advantage in the field of science and technology, under which the next 5 years will invest $ 100 billion in research and development of emerging technologies, in addition to providing 10 billion USD for the US Department of Commerce to establish “regional technology center”(Regional technology hub) is located across America. The bill currently being drafted is an upgraded version of “The Law of Endless Borders”.
Incorporating “Chip Law” to promote semiconductor development
It is reported that the bill may provide an emergency fund for US chip production to support the implementation “The Law of CHIPS for America” (CHIPS for America Act) was recently released. The bill allows for a variety of semiconductor research and development programs, and provides subsidies for domestic semiconductor manufacturing in the US to support chip manufacturing.
Due to the severe shortage of the global chip industry, industries such as automobile manufacturing, which has been hit hard by the epidemic, are even worse. As a result, solving holes in the semiconductor chip supply chain has become one of the main goals that Congress is looking to address.
Democratic Sen. Bob Menendez, chairman of the Senate Foreign Relations Committee, told VOA, “Of the wide range of issues related to the CCP, the supply chain is one of the issues, but we are also concerned about the broader issue, how do we compete with China (CCP)? How do we face China (the CCP)?“He said the two parties are discussing together and have reached a consensus on a common direction.
House of Representatives Leadership: Separating important fields from China
In an interview with VOA, Republican leader Michael McCaul of the House Foreign Affairs Committee said that Mr. Biden had stated that he would fully support the bill. He emphasized that whether it is an ordinance or a legislature, the purpose is to promote it “to separate” between the US and China on the key issue.
“That is to define what has to do with national security, such as medicine, rare earth minerals and semiconductor chips, separate (CCP) in these areas. In addition, some products made in Taiwan and Korea could also be transferred to the US or its safer allies, focusing on cooperation with these countries, ”he said. Mr. McCaul said.
He also said that House minority party leader Kevin McCarthy was also very happy about this, implying that a Senate bill, after being put in place, could facilitate House cooperation.
Voting will be made in the spring of this year at the earliest
This particularly important inter-party legislative is expected to come in the near future. The Schumer Senate Majority Leader plans to push the bill forward with a quick review process, hoping to get a Senate vote as early as this spring. He said: “We need to quickly send such a bill to the president’s desk to sustain the US economy and national security in the long term.”
As the US government is considering and formulating a strategy to deal with the geopolitical and technological threats Beijing poses to Washington, this US Congressional legislative measure complements the effort. to enhance the independence of the US supply chain, and reduce the dependence on China.
All show that, with trade injustice, territorial disputes with neighboring countries, up to accusations of technology theft and espionage, even when the US has changed its ruling party, the policy is to Beijing’s opposition to global power expansion has only intensified, not diminished. Both parties consider China (the CCP) the greatest national security threat to America.
Tieu Nhien, Vision Times