The De-risking Push Misunderstands China’s Manufacturing Strengths
Amid escalating geopolitical tensions, the United States has grappled with the challenge of “de-risking” its trade relations with China over the past three years. This involves reducing dependence on China’s predominant role in global supply chains through measures such as tariffs, sanctions, and the exclusion of tax credits. The objective is to incentivize manufacturers to … Read more