TechTank
TechTank: Is Economic Decoupling Possible for the United States?
For several decades, many American companies have shifted manufacturing to countries such as China and India. The idea was to integrate the global economy, allow various nations to focus on different sectors, and build global supply chains that used components from many different places. However, when the COVID-19 pandemic emerged in 2020, it wreaked havoc on this model. Shortages developed and strained companies’ ability to get the components needed for their products.