Odd Lots How the White House Thinks About Economic Security
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Aug 15, 2024 
Daleep Singh, Deputy National Security Advisor for International Economics, brings his expertise in economics and geopolitics to the discussion. He addresses the vulnerabilities in the American economy revealed by the pandemic and geopolitical tensions. Singh outlines how the U.S. government is tackling supply chain disruptions, particularly in critical sectors like semiconductors. He also highlights strategic initiatives to revive shipbuilding and enhance resilience in the face of political volatility, all while ensuring technological and economic independence.
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Supply Chain Resilience Nuances
- Supply chain resilience must consider the specific shock and how resilience is defined (capacity, diversification, stockpiles, etc.).
- Each supply chain has unique characteristics requiring tailored approaches ranging from resilience to dominance.
IcePact Deal
- The "IcePact" deal involves the US partnering with Finland and Canada to revitalize American icebreaker production.
- This collaboration aims to enhance national security in the Arctic while boosting domestic shipbuilding capacity.
Balancing Domestic and Allied Interests
- Balancing domestic capacity building with allied interests is crucial in sectors like electric vehicle manufacturing.
- China's state-supported production trajectory requires strategic responses to avoid market flooding and protect domestic industries.