Europe strikes back with chip subsidies to counter US and China

CEI’s Ryan Young is cited on Washington Examiner about chip subsidies:

“I don’t think the U.S. has much to worry about involving [the European Chips Act] from a competitive standpoint,” Ryan Young, a senior economist at the libertarian Competitive Enterprise Institute, told the Washington Examiner. Young said the new European subsidies aren’t a better offer than what is available in the U.S.

Read the full article on the Washington Examiner.