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US laws to promote home-grown industries will hurt African economies

By Jonathan Munemo, Professor of Economics, Salisbury University
The Biden administration has ratcheted up protectionism and industrial policy amid surging economic tensions with China. Legislation passed in 2022 unlocked hundreds of billions of dollars in subsidies to spur domestic production of renewable energy and electric vehicles, and to support other decarbonisation goals.

The legislation is also…The Conversation


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