Bill Would Offer $25B in Incentives to Move Supply Chains to US
Reps. Adam Kinzinger, R-Ill., and Jason Crow, D-Colo., introduced 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 some allies. The bill would prioritize free trade agreements beneficial to the U.S. "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 Wednesday.