U.S., Japan to agree on subsidy rules on chips, batteries with China in mind

Allies pursue common standards to safeguard supply chains, including for decarbonization

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New subsidy rules for semiconductors are on the agenda at the summit between U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida in Washington on April 10. © Reuters

Nikkei staff writers

TOKYO -- The U.S. and Japan will agree on new subsidy rules for strategic goods such as semiconductors, storage batteries and permanent magnets, setting shared standards for the incentives they use to avoid overreliance on China, Nikkei has learned.

The effort is expected to be included in a joint statement released when Japanese Prime Minister Fumio Kishida and U.S. President Joe Biden meet in Washington next week.

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