Protecting the Global Supply Chain
The White House announced a new strategy to protect the global supply chain of goods that are critical to U.S. national security and economic welfare. Among other things, the plan calls for improving the detection of threats (natural disasters, terrorism, piracy, etc.), building a resilient critical infrastructure, and fostering international collaboration.
TAX INCENTIVES: President Obama laid out a series of tax proposals designed to encourage growth in domestic manufacturing (FT), including a 20 percent tax credit for the moving expenses of firms that relocate to the United States, and doubling the tax deduction for advanced manufacturing from 9 to 18 percent.
Renewing America is a special CFR project focused on the domestic underpinnings of U.S. global competitiveness, including the debt and deficit, infrastructure, education, innovation, trade, and corporate regulation and taxes
