Bloomberg
| May 16, 2021
| International Trade
Bipartisan concern about China’s rising influence is driving the Senate toward passage of legislation aimed at bolstering U.S. competitiveness in technology and manufacturing and delivering money to spur the domestic semiconductor industry.The Senate is poised to begin action this week on the package of bills based on a proposal from Majority Leader Chuck Schumer and Indiana Republican Senator Todd Young with the goal of finishing by the end of the month.