Lawmakers Push to Defuse China’s Dominance of Older-Generation Chips
The Biden administration needs to take stronger action to stem China’s growing dominance in making older-generation microchips that are essential across several U.S. industries, according to the bipartisan leaders of a House of Representatives panel.The lawmakers’ call for new efforts, including potential tariffs, is intended to counteract an overreliance on China for less-advanced chips, according to a letter seen by The Wall Street Journal. Republican Mike Gallagherof Wisconsin, chairman of the House Select Committee!-->!-->…