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2025 m. gegužės 5 d., pirmadienis

What Today's Complicated Economy Needs: Trump Should Try Operation Warp Speed 2.0


"The current administration's tariff strategy underscores President Trump's bold intent to revive American manufacturing. But without an equally aggressive industrial mobilization, tariffs alone won't reverse decades of offshoring or catalyze the comprehensive reshoring and onshoring required for true supply-chain resilience and sustainable economic growth ("Companies Tear Up Outlooks Over Trade-War Uncertainty," Page One, April 25).

What is conspicuously missing is the kind of aggressive government intervention and capacity stimulation witnessed during the height of the Covid-19 pandemic. In the early days of the pandemic, the U.S. government orchestrated one of the most successful public-private manufacturing mobilizations in recent memory. Through initiatives such as Operation Warp Speed and strategic invocation of the Defense Production Act, the government took risk out of domestic production through substantial direct investment, guaranteed purchase agreements, prioritized allocation of critical materials and equipment and streamlined regulatory processes. This decisive, mission-driven approach enabled the rapid development, approval and manufacturing scale-up of essential goods on a timeline previously thought impossible.

Tariffs increase the cost of foreign goods, but they don't automatically generate the necessary domestic infrastructure or cultivate a skilled workforce or build the production capacity needed to replace those imports at scale. A more forceful and coordinated national industrial plan is needed to translate tariff pressures into real production outcomes within the broader manufacturing landscape. We have the innovation base, the industrial know-how and the entrepreneurial energy. What's needed is the kind of mission-driven federal leadership we saw during the pandemic -- this time to revitalize our manufacturing backbone.

Eddy Agbo

Baltimore" [1]

1.  Trump Should Try Operation Warp Speed 2.0. Wall Street Journal, Eastern edition; New York, N.Y.. 05 May 2025: A16.

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