The "Washington Times" reported that this year the United States will continue to take a multi-pronged approach to limit China's development capabilities.

(taken from the Internet)

[Compile Lu Yongshan/Comprehensive Report] According to the "Washington Times" report on the 20th, this year the United States will continue to implement plans to strengthen its supply chain, while trying to limit China's supply chain, control the export of high-end technology to China, and over-reliance on Chinese industries seek to diversify their trading partners.

The question Beijing is currently grappling with is how hard Washington will spend the remainder of President Biden's term in pushing the U.S. to reduce its reliance on Chinese supply chains while strengthening its own, the report said.

Since 2018, the United States has been trying to contain China's industrial rise.

Reducing U.S. reliance on Chinese supply chains is now an established U.S. policy, adopted by Washington to maintain an edge over Beijing’s superpower rivalry.

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Since Biden took office as president in 2021, the U.S. trade policy toward China has shifted.

The Biden administration has broadened the scope of the policy to include measures to improve the competitiveness of manufacturing and supply chains to better protect sensitive industries critical to U.S. national security.

The Biden administration is also urging global allies to build a trustworthy supply network.

Current U.S. policy aims to prevent China from developing its supply chains, including through new laws and mechanisms to prevent China from acquiring technology and intellectual property in key industries, the Foreign Investment Risk Review Modernization Act (FIRRMA) and the Export Control Reform Initiative "(ECRI) is an example.

The logic is that the technological gap will limit China's ability to develop.

At the same time, the United States has also raised tariffs and adopted other trade measures to increase China's manufacturing costs, thereby inhibiting its industrial growth.

In particular, the United States has locked products in the "Made in China 2025" strategic initiative to prevent China from dominating high-tech fields in the future.

Washington has also introduced legislation aimed at making U.S. supply chains more resilient to semiconductors, pharmaceuticals, high-capacity batteries, and critical minerals and materials from China.

In recent years, the Biden administration has announced a new infrastructure strategy, prioritizing investment in new energy, information technology facilities, and human capital to solve soft and hard infrastructure problems and enhance national competitiveness.

The Biden administration also provides subsidies, tax breaks, and import and export quotas so that U.S. companies can strengthen semiconductor production and accelerate the development of basic technologies such as electric vehicles, home appliances, and defense systems.

The United States has also established a joint procurement and inventory structure for key raw materials.

In May last year, Biden visited Japan and South Korea to accelerate the construction of semiconductor supply chains, including strengthening cooperation with Japan to strengthen semiconductor and advanced battery supply chains, and working with South Korea to establish an early warning system to prevent supply chain disruptions.

The United States should strengthen its global leadership by providing maximum protection to sensitive industries that are critical to the national security of the United States and its partners.

The U.S. should make "cross-border manufacturing" on the U.S.-Mexico border a priority policy to revitalize U.S. manufacturing and improve supply chain security. This is an approach that "kills many birds with one stone": First, it will allow U.S. companies to continue to benefit from cheap labor and reduced logistics costs.

Second, it helps alleviate the problem of illegal immigration in Latin American countries by allowing immigrants to work in cross-border manufacturing, which in turn strengthens the U.S. backyard and lays the groundwork for trade or economic alliances in the region.

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