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Marketplace®

Daily business news and economic stories
Feb 20, 2023

How could federal dollars transform American manufacturing?

The American manufacturing sector is set to receive a huge deluge of funding in the coming years, thanks in large part to two major laws: the CHIPS Act and the Inflation Reduction Act. We spoke with Charlotte Howard, Executive Editor and New York Bureau Chief at The Economist, about what the laws could portend for the sector. President Biden is in Ukraine for a surprise visit, where he met with his counterpart Volodymyr Zelensky and announced new military aid. And, a view from Moldova, where Pro-Russian protests are causing instability for the country’s Western-aligned government. 

How could federal dollars transform American manufacturing?
Mandel Ngan/AFP via Getty Images

Segments From This Episode

  • A U.S. manufacturing boost is causing anxiety abroad

    by Sabri Ben-Achour and Jarrett Dang
    European Commission President Ursula von der Leyen. The EU and other American allies have expressed unease over the scope of U.S. government funding of domestic industries such as semiconductors and low-carbon energy equipment.
    Kenzo Tribouillard/AFP via Getty Images

    The Biden administration’s reshoring efforts, aimed largely at cutting dependence on China, dismays allies who seek U.S. investment.

The Team