475 | Bayard Winthrop: Why America Must Rebuild Its Domestic Manufacturing Base
The Realignment
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Rebalancing Trade for American Manufacturing
This chapter explores the challenges faced by American manufacturers due to disparities in regulations between domestic and international markets, using the textile industry as a case study. It emphasizes the need for policymakers to align international standards with domestic ones or free manufacturers from certain regulations to maintain competitiveness. The narrative highlights the importance of shifting focus from consumption to production in trade policy to ensure community stability, job creation, and adherence to standards.
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