America’s effort to address competitive gaps with China
US lawmakers have sought to make several commendable moves but their plan still comes up short
The House of Representatives in the US recently passed the America Competes Act, 2022. Buried in 3,000 pages of tariff exemptions on golf clubs and regulations on fisheries lies America’s grand strategy for economic competitiveness in the 21st century. From funding basic scientific research to checking Chinese coercion, no stone was left unturned by this sweeping legislation.
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