There has been early bipartisan interest within the Senate Commerce Committee in continuing to promote US supply chain resilience. This highlights a new avenue for bipartisanship in the Trump Administration’s foreign policy agenda. Sen. Marsha Blackburn (R-Tennessee) has partnered with Democratic colleagues on the reintroduction of two pieces of legislation focused on supply chain resilience. … Continue Reading
For the first time, the Export-Import Bank of the United States (EXIM) will make its existing financing programs available to export-oriented domestic manufacturing facilities and infrastructure projects. The Make More in America Initiative was unanimously approved by the EXIM Board of Directors in April 2022, and had support from the National Association of Manufacturers (NAM), … Continue Reading
On January 24, 2022, the Department of Homeland Security (DHS) began soliciting comments on a strategy to ensure goods alleged to have been made with forced labor are not imported into the United States from China, including the Xinjiang region. The comment window reflects the first major requirement of a law passed by Congress addressing … Continue Reading
In Pittsburgh, Pennsylvania on March 31, President Joe Biden outlined his vision to reimagine and rebuild a new economy. Focused on The American Jobs Plan as a US$2.25 trillion investment in the US that “will create millions of good jobs, rebuild our country’s infrastructure and position the US to out-compete China,” he outlined to the … Continue Reading
Businesses of all sizes should consider how the Biden Administration’s “Build Back Better” economic plan would affect international supply chains. His strategy to revitalize the American economy rests on two pillars: strengthening Buy American provisions and reforming the tax code to incentivize domestic production.… Continue Reading
Both major change and desired continuity can be expected. Beginning with perhaps the most historically significant change we expect to see in President-elect Biden’s defense and national security organizations, we believe that the Nation will see the first female serving as the Secretary of Defense.… Continue Reading
The enhanced unemployment benefits created by the March 27 CARES Act are set to expire in eight days. The US Congress will need more time than that to determine a path to passage of the next major bipartisan pandemic response legislation – assuming Republicans and Democrats in Washington are able to eventually reach agreement on … Continue Reading
Former vice president and presumptive Democratic nominee Joe Biden announced this week the second plank of his economic policy: a clean energy and infrastructure plan, encompassing some of his most progressive policies yet. In a July 14 speech in Wilmington, Delaware, Vice President Biden announced plans to create “millions of high-paying union jobs by building … Continue Reading
After months on hold responding to the COVID-19 pandemic, the 2020 US elections are heating up, as Democrats seek to take control of the White House from President Donald Trump. On Thursday, July 9, former Vice President and presumptive Democratic presidential nominee Joe Biden released a broad economic plan during a speech in Dunmore, Pennsylvania. … Continue Reading
White House officials have begun moving publicly to set the table for bipartisan negotiations that will determine the contents of the next major federal COVID-19 response bill. Larry Kudlow, the director of President Donald Trump’s National Economic Council (NEC), says the talks will formally begin after the US Congress’ Independence Day state/district work period. Senior … Continue Reading