The United States Innovation and Competition Act (USICA): A Primer
Tom Lee, Juan Londoño
Executive Summary
The United States Innovation and Competition Act (USICA) is a $200 billion proposal aimed at countering China’s influence domestically and abroad.
USICA has gained bipartisan support and has been labeled as “must-pass” legislation, but the negotiation process has resulted in the inclusion of amendments and provisions that deviate from the bill’s original goal.
The bill proposes an expanded role for the federal government in “strategic sectors” – including semiconductors, drones, wireless broadband, and artificial intelligence – with increased funding, supervision, and regulation of various industries.
To print this article, all you need is to be registered or login on Mondaq.com.
It has been two months since President Biden issued his Buy American Executive Order on January 25,
2021. But it would seem we still have more questions than answers:
What specific actions will agencies take to promote the Order s
policy? What will the Made in America Office look like? Where can I
find more information about proposed waivers? While the answers to
these questions are probably still months away, it is important for
contractors to understand the possible implications now and plan
accordingly.
According to a press release from the White House, President
Thursday, April 29, 2021
The Biden Administration has taken (at least temporarily) the teeth out of a Trump-era Executive Order that directed the government to “Buy American” for essential drugs and medical devices. President Trump’s August 2020 Executive Order on Ensuring Essential Medicines, Medical Countermeasures, and Critical Inputs Are Made in the United States (Executive Order 13944) aimed to reduce dependence on foreign drugs and devices critical to the U.S. public health sector, in part by requiring that the U.S. Trade Representative remove those essential items from the coverage of any international free trade agreement. On April 20, 2021, the Biden Administration withdrew just such a proposal to remove essential drugs and medical devices from coverage under the World Trade Organization Government Procurement Agreement (“WTO GPA”). With the proposal withdrawn, the U.S. government remains free to buy U.S.-made
Biden s Made in America order will help U S stamping manufacturers thefabricator.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thefabricator.com Daily Mail and Mail on Sunday newspapers.