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USA USICA

How USICA will boost US technological competitiveness (Julia Voo, East Asia Forum)

In June 2021, the US Senate unanimously adopted the US$250 billion US Innovation and Competition Act (USICA) detailing how the US government plans to outcompete China technologically. While generous in its allocation of resources to address domestic challenges, USICA still falls short of protecting critical technology supply chains and generating innovation.

How USICA will boost US technological competitiveness | East Asia Forum