WASHINGTON, May 4 (Reuters) – The U.S. is working to address short-term chip shortages. U.S. to prioritize vehicle manufacturers’ needs U.S. says trade sector is putting pressure on Taiwanese companies The board secretary said Tuesday. Business Gina Raimondo.
In the long run, the United States will need increased investment to produce more semiconductors and other important supply chains will need to be relocated, especially to friendly countries.
“We are working hard to see if we can get Taiwanese to put the needs of our auto companies first, because a lot of US jobs are at risk,” Gina Raimondo said.
The U.S. Secretary of Commerce added, “The medium to long-term solution, however, is that it is much easier to make more chips in the United States.”
Since February, the administration of President Joe Biden has been urging Taiwan to look into the matter, but automakers have said there will be no increase in chip supply.
(David Lauder and David Shepherdson; French version by Camille Renaud)
“Certified food fanatic. Extreme internet guru. Gamer. Evil beeraholic. Zombie ninja. Problem solver. Unapologetic alcohol lover.”
More Stories
US energy production hits new record
Rugby: Former Australia captain Michael Hooper has ended his career after his dream of competing in the Olympics evaporated.
Despite its lack of discipline, Australia prevailed against Georgia