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Transcripts For BBCNEWS The 20240704

Its long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit . The white house is marking one year since President Biden signed the chips for america legislation. It earmarked 52. 7 million in subisdies for the Semiconductor Industry in the us. The Commerce Department started taking in applications injune for the Subsidy Programme for Us Semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. The programme is part of the administrations bid to boost competitiveness with chinas science and technology. The Commerce Department is also tyring to ensure that china doesnt benefit from the subsidies. Adrienne elrod is director of external and Government Affairs in the chips for America Office of the Us Department of commerce. How does the Biden Administration believe this legislation serves economic and National Security . First of all i think, thank you for having me, it is great to t

Context
Sumi-somaskanda
Bbc-news
Benefit
Magic-number
5000
10000
Presidentjoe-biden
Us
Chips
Semiconductor-industry
White-house

Transcripts for BBCNEWS The Context 20240604 20:31:00

It s long been thought that 10,000 is the magic number, but could walking 5,000 steps a day be enough to see a benefit? the white house is marking one year since president biden signed the chips for america legislation. it earmarked $52.7 million in subisdies for the semiconductor industry in the us. the commerce department started taking in applications injune for the subsidy programme for us semiconductor manufacturing and since then, more than 460 companies have expressed interest in the funding. the programme is part of the administration s bid to boost competitiveness with china s science and technology. the commerce department is also tyring to ensure that china doesn t benefit from the subsidies. adrienne elrod is director of external and government affairs in the chips for america office of the us department of commerce.

Benefit
Magic-number
5000
10000
Presidentjoe-biden
Us
Chips
Semiconductor-industry
White-house
Commerce-department
America-legislation
Subisdies

EU Chief Says Bloc Must Act Over US Climate Plan 'Distortions'

EU countries have poured criticism on Washington's landmark Inflation Reduction Act, seeing it as anti-competitive and a threat to European jobs, especially in the energy and auto sector

United-states
Brussels
Bruxelles-capitale
Belgium
France
Washington
White-house
District-of-columbia
French
Belgian
Joe-biden
European-union

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