The United States cannot invest in its factories and expect to reclaim its position as the world’s leading manufacturer and innovator without addressing the role trade has played and continues to play in eroding the sector, a recent New York Times story spotlights.
Since President Biden took office, private companies have invested $640 billion in American factories, and a factory construction boom that more than triples the average factory construction rate in the 2010s promises huge jobs gains. But all of this progress stands at risk should the U.S. fail to level the playing field for American manufacturers and workers. Here’s the New York Times:
