NEC Director Deese Outlines Biden’s 21st Century Industrial Strategy
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
Biden administration official Brian Deese talks about ‘Five Pillars’ to Build Back Better Post-Pandemic, and a national strategy to reindustrialize.
Executive Summary The CPA Reshoring Index is the first and only measure of U.S. producers’ share of the U.S. domestic market for manufactured goods. It is calculated from federal government data on manufacturing production, imports, and exports. The Reshoring Index for 2020 shows that U.S. producers had a 69.6% share of the U.S. market with…
When President Biden laid out his vision for the U.S. economy before Congress on April 28th, he emphasized that rebuilding the U.S. economy should focus on “jobs, jobs, jobs.” The federal government should give preference to U.S.-made products as much as possible. To hammer home the point, Biden added: “there is simply no reason why…
McKinsey has turned the corner on the Asia-centric model of globalization. It’s a “now-or-never” moment for US manufacturing. Here’s where CPA sees eye-to-eye.
Biden’s new tax proposal benefits renewable energy. But where tax credits are concerned, can individuals and companies that get those tax credits then use the capital to import green tech from China? What’s stopping them?
What’s in Biden’s corporate tax plan? The good news is that it looks like small and mid-sized businesses will be left unscathed.
A new bill in the Senate seeks to prevent China solar imports, especially for publicly funded solar installations.
Intel announced last week it will spend $20 billion building two new fabs in Arizona to take it into the foundry business, aiming to make chips for large, important customers like Apple, Microsoft or Qualcomm. That’s good news, but it doesn’t solve the fundamental problem of US dependency on Asia for the manufacture of chips.…
If the White House believes we are facing a climate emergency, then the Biden administration will have to work overtime explaining why outsourcing pollution to China is a good idea. We can produce those goods here, with a smaller carbon footprint.
By Jeff Ferry, CPA Research Director Industrial espionage has been going on for centuries, but experts agree China’s espionage campaign is on a different scale from anything we’ve seen in history. It has been going on at least since the 1990s and there is no sign it is letting up. Targets include an incredibly broad…