United States Innovation and Competition Act

[Supposn]

United States Innovation and Competition Act:

I'm among the proponents of the improved Import certificate policy described in Wikipedia's “Import Certificates” article.
Regarding the Senates' bipartisan passed Chips act, I won't speculate if Import Certificate policy were currently in effect, congress would still be of the opinion that subsidies for USA's computer chip industry are needed. In that case, subsidizing USA's computer chip industry would require substantially much less congressional appropriations to accomplish congress's goal.

Import Certificate policy is indirectly funded at additional cost to USA purchasers of imported goods. It's not applicable to the values of specifically listed mineral materials integral to the production of globally traded goods. It does not favor or disfavor any particular enterprises, or industries, or foreign nations, and is much more market rather than government driven. For any given amount of a trade deficit nation's aggregate spending, annual trade deficits always reduced their annual GDPs.

Refer to:
en.wikipedia.org/wiki/Import_certificates#:~:text=Import%20certificates% 20are%20a%20proposed,Trade%20Restoration%20Act%20o f%202006.

Respectfully, Supposn

[Hawkeye10]

Wiki Went WOKE....is no longer a credible source on anything remotely political or on the project of getting to UTOPIA.