Chief Of Naval Operations Discusses Navigation Plan 2024 > U S Department Of Defense > Defense Division Information
03/11/2024
Despite its success in unlocking over $240 billion of investment and potentially kickstarting one hundred,000 clean power manufacturing jobs, some IRA onshoring incentives haven’t labored as rapidly as planned, leaving gaps in the provide chain. Given that there is no room for new legislation, the administration has begun surgically making use of tariffs as a method of incentivizing business to fill these gaps. Present tariffs could danger slowing the pace of the us transition—primarily for EVs—in the close to term at the expense of promoting self-sufficiency in the lengthy run. The higher concern is if these tariffs escalate and aren’t…