Senate Majority Leader Chuck Schumer is one of the sponsors of the US Innovation and Competition Act, which passed in the Senate on Tuesday. Photo: EPA-EFE
Senate Majority Leader Chuck Schumer is one of the sponsors of the US Innovation and Competition Act, which passed in the Senate on Tuesday. Photo: EPA-EFE

US Senate passes broad US$250 billion legislation to counter and compete with China

  • A measure that touches on nearly every aspect of the nations’ complex relationship, including semiconductors, Taiwan, Xinjiang and the 2022 Winter Olympics
  • US House of Representatives will next take up its own version of the legislation, called the Eagle Act

Senate Majority Leader Chuck Schumer is one of the sponsors of the US Innovation and Competition Act, which passed in the Senate on Tuesday. Photo: EPA-EFE
Senate Majority Leader Chuck Schumer is one of the sponsors of the US Innovation and Competition Act, which passed in the Senate on Tuesday. Photo: EPA-EFE
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