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Africa: U.S. Laws to Promote Home-Grown Industries Will Hurt African Economies

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[The Conversation Africa] 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.

Source: allAfrica.com

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