US Strengthens Tech Ties With India But Doesn't Seek Decoupling From China, Raimondo Says
The U.S. government is not seeking to "decouple" from China, nor is it seeking "technological decoupling," but Washington "would like to see India achieve its aspirations to play a larger role in the electronics supply chain," U.S. Commerce Secretary Gina Raimondo said on Friday. From a report: On its part, the U.S. signed a memorandum of understanding with India on Friday to cooperate in the semiconductor sector. The semiconductor industries in both the nations are beginning to assess the resiliency and gaps in the supply chain network, said Raimondo, whose department is overseeing pouring of about $52 billion into the U.S. semiconductor industry. [...] But even as India and the U.S. tighten their tech ties, Washington is not looking to cut reliance on China, she insisted. "We see India as a trusted technology partner and we want to continue to deepen our technological relationship with India. But I also want to make it clear that the United States doesn't seek to decouple from China."
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