Bipartisan Bill Offers $25 Billion for Moving Manufacturing to US
Rep. Adam Kinzinger, R-Ill., and Rep. Jason Crow, D-Colo., introduced a bill called the Manufacturing Abilities Determine Economies (MADE) in the Americas Act that would incentivize moving supply chains that are concentrated in Asia to either the U.S. or its…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
allies in the Western Hemisphere. The two announced the bill in a press release May 19. The bill also would prioritize the establishment of free trade agreements in the Western Hemisphere. "Given the complexity of market forces, we are likely unable to bring all these manufacturing operations to the U.S., which is why this legislation would incentivize moving operations to our allies in the Western Hemisphere as a secondary priority," Kinzinger said. "It is my hope that these incentives would also help address the root causes of irregular immigration."