Financial Times | How Biden's Inflation Reduction Act changed the world | FT Film @FinancialTimes | Uploaded December 2023 | Updated October 2024, 5 days ago.
The US was for decades the exemplar of free market globalisation. That changed with Donald Trump’s 'America first' agenda. President Joe Biden’s landmark Inflation Reduction Act continues the push for re-industrialisation by using tax credits, loans and grants in a bid to create a domestic clean energy supply chain. The FT looks at three companies using IRA incentives to invest in the US and examines whether the legislation signals the end of globalisation
#manufacturing #globalisation #useconomy #joebiden #inflationreductionact #trade #tradewar #industrialstrategy #protectionism
00:00 - What is the Inflation Reduction Act?
03:46 - Georgia embraces clean energy dollars
08:20 - General Electric brings jobs back to the US
11:49 - How the Inflation Reduction Act changed the world
14:15 - What the Inflation Reduction Act means for Europe
16:22 - Trade tensions and international relations
19:06 - China remains the factory of the world
22:06 - What the Inflation Reduction Act means for the global south
24:14 - A second Trump administration could change everything
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► Check out our Community tab for more stories on the economy.
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The US was for decades the exemplar of free market globalisation. That changed with Donald Trump’s 'America first' agenda. President Joe Biden’s landmark Inflation Reduction Act continues the push for re-industrialisation by using tax credits, loans and grants in a bid to create a domestic clean energy supply chain. The FT looks at three companies using IRA incentives to invest in the US and examines whether the legislation signals the end of globalisation
#manufacturing #globalisation #useconomy #joebiden #inflationreductionact #trade #tradewar #industrialstrategy #protectionism
00:00 - What is the Inflation Reduction Act?
03:46 - Georgia embraces clean energy dollars
08:20 - General Electric brings jobs back to the US
11:49 - How the Inflation Reduction Act changed the world
14:15 - What the Inflation Reduction Act means for Europe
16:22 - Trade tensions and international relations
19:06 - China remains the factory of the world
22:06 - What the Inflation Reduction Act means for the global south
24:14 - A second Trump administration could change everything
See if you get the FT for free as a student (ft.com/schoolsarefree) or start a £1 trial: subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132.
► Check out our Community tab for more stories on the economy.
► Listen to our podcasts: ft.com/podcasts
► Follow us on Instagram: instagram.com/financialtimes'
