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.
International relations
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
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
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