The Cefa Brief
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- ErklärstückIndustrial Policy
What "manufacturing as a share of GDP" actually measures
The share has fallen every year since 2022. That is not the same as making less, and the difference is where most arguments about industrial policy go wrong.
- ErklärstückIndustrial Policy
What a domestic content rule actually requires
A Buy American clause is an origin test written into a contract, not a ban on foreign goods. By the end you will know how the test is computed, who has to prove it, and what a waiver reveals.
