Editorial: Investing in Amercian advanced manufacturing
Source abstract
Abstract
American manufacturing is seeing a renewal, which is needed to boost jobs in America, particularly in the middle and manufacturing base of the country. The ongoing tariff situation emphasizes the importance of protecting domestic manufacturing. There is U.S. congressional agreement, in principle, to bring back manufacturing to the United States. However, given how the global trade and manufacturing space has shifted in the last four decades, it may not be a comparative advantage to manufacture low margin and labor-intensive products. Officials in the current U.S. Administration have stated that manufacturing of socks and T-shirts is not necessarily in the interest of the United States, but focusing on value-added products is essential. While silicon chips, solar panels, and batteries are key items of interest, advanced textile materials such as those that find applications in industrial products and composites, products that can save human lives, and products for protecting the environment are highly-valued items that cater to national security.
Source: crossref · Quality: baseline
Research context
OpenAlex topics: Global Trade and Competitiveness
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References
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