US Technology Policy amid Rivalry with China

... adequate production and innovation capacities inside the country, and, second , that it could no longer fully rely on the global supply chains to make up for all domestic production shortages with relative ease. [116] Even US allies are striving to obtain their own competitive advantage in key high-tech industries and strengthen their technological sovereignty. The US-dominated global production system was very appealing to America but proved to be unviable. Staring in about 2019, the trend of intensifying technology policy in the US picked up speed. Now it has become a national priority....