Throughout the Trump and Biden years, a common thread in U.S. economic policy has been a focus on bolstering domestic industry, even when it means burning bridges with trading partners and backing away from the era of globalization.
Why it matters: The question of how the United States ought to engage in the global economy is up for grabs right now in a way it hasn't been in a generation, with the Biden administration focusing on domestic investment and disentangling the U.S. economy from China.
