Industrial policy & trade

Industrial policy & trade Latest news United States

Vestager: TTC showing usefulness in wake of Russian war in Ukraine

Preparations are well underway for the next high-level meeting of the transatlantic Trade and Technology Council in France on 15-16 May. European Commission representatives praised the way in which the forum has facilitated bilateral contact between the EU and United States in the wake of Russia’s invasion of Ukraine. “The …

Industrial policy & trade Latest news

EU Chips Act codifies pandemic-era supply crisis management practice

The European Commission formally tabled a regulation “establishing a framework of measures for strengthening Europe’s semiconductor ecosystem”, also known as the EU ‘Chips Act’. The move codifies EU market interventions pioneered at the height of the COVID-19 pandemic whilst also trying to draw some lessons from these episodes, in particular …

Industrial policy & trade Latest news

Semiconductor shortages – Commission to ask for powers to control exports ahead of Chips Act

The European Commission is seeking immediate semiconductor supply shortage crisis management powers ahead of the imminent announcement of a new industrial policy regulation that seeks to ensure that one fifth of world production happens in the European Union by the end of the decade: the EU Chips Act. The Commission …

Digital Industrial policy & trade Latest news subsidies

Semiconductors: Von der Leyen promises “diversification among like-minded partners”

Plans towards a European Chips Act are maturing. European Commission president Ursula von der Leyen announced a new regulation mirroring similarly named recent United States legislation will be tabled as soon as early February. Brussels’ move in the semiconductor sector heralds a much more politically controlled approach to supply chain …