Congress should pass a time-limited tax incentive for firms to move Chinese production to U.S. Labor Department-designated “labor surplus areas.”

To Do: Move Chinese Production to U.S. “Labor Surplus Areas”

To Do: Move Chinese Production to U.S. "Labor Surplus Areas"

Congress should launch a matching-grant program to assist states in developing manufacturing strategies.

To Do: Assist State-Level Manufacturing Strategies

Congress and the administration should build out the Manufacturing USA network closer to the 45 institutes originally intended.

To Do: Expand Manufacturing USA

Congress should establish an advanced manufacturing scale-up capital program that provides project financing and associated assistance through grants, loans, loan guarantees, and other instruments.

To Do: Establish an Advanced Manufacturing Scale-Up Capital Program

The administration should direct the Manufacturing Extension Partnership (MEP) to develop more interstate, sector-based initiatives, since supply chains cross state boundaries.

To Do: Develop Interstate, Sector-Based Manufacturing Initiatives

Congress should significantly broaden the Manufacturing Engineering Education Program, providing at least $100 million in funding and establishing programs at 20 universities.

To Do: Broaden the Manufacturing Engineering Education Program

Congress and the administration should establish a joint global manufacturing hub competition for the United States and allies to find alternatives to manufacturing in China.

To Do: Launch a Joint Manufacturing Hub Competition With US Allies

Congress should create a “U.S. Manufacturing Digitalization Investment Fund” that would provide repayable, low-interest loans to American SME manufacturers to help finance upfront investment in digital manufacturing technologies and solutions.

To Do: Provide Loans to SME Manufacturers to Help Finance Digitalization

Congress or the White House should create a national industrial intelligence unit within the National Intelligence Council to better assess competitive challenges to the U.S. economy.

To Do: Establish a Reshoring Incentive Fund for Critical Industries

Recommendation

Details

Editors’ Recommendations

Policy Recommendations to Stimulate U.S. Manufacturing Innovation

Related

To Do: Move Chinese Production to U.S. “Labor Surplus Areas”

To Do: Assist State-Level Manufacturing Strategies

To Do: Expand Manufacturing USA