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Why the CHIPS Act Will Not Reverse the Trend on US Manufacturing

This Week in Business

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Will the US Be More Competitive?

When a company makes a decision of where in the world to produce their product, they take into consideration s complex trade offs. Government subsidies play an important part, but subsidies exist in every country in which they either produce or sell. And at the end of the day, the strategic decision of whether to shift manufacturing back to the us is called reshoring.

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