The Act cleared Parliament with near-unanimous support, although many lament that the Chips Act is too little, too late and that Brussels should have no role in setting industrial policy for the entire union on such a vital issue.
Hungary and Greece are believed to be the primary stumbling blocks to EU sanctions against Chinese companies accused of reselling Western military hardware to Russia.
Italy is expected to eventually decouple from China regardless, with the Italian auto-industry slashing production in the face of a global semiconductor shortage.
