Harnessing New Investments in Industrial Policy to Advance North American Competitiveness
Following the severe economic and societal disruptions stemming from the global Covid-19 pandemic, many countries vowed to “build back better” to ensure greater supply chain resilience moving forward. This imperative took on new urgency as armed conflicts in Ukraine, the Middle East and the Red Sea have strained global trade routes and the strength of those supply chains. Ongoing U.S.-China rivalry has added further stress, with trading partners on both sides working to safeguard their supply chains, from raw materials to intermediate components and finished goods.
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