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Vance warns against 'brittle,' 'adversarial' supply chains at Foundry School launch

Yonhap + 1 other·69d ago·Politics
J.D. VanceJ.D. Vance42.0 Φ
Photo: Yonhap

Vice President J.D. Vance headlined the launch of the Foundry School, a new training program aimed at rebuilding the American manufacturing workforce, on Thursday. Speaking at the Donald J. Trump Institute of Peace in Washington, Vance warned against relying on "brittle" and "adversarial" countries for supply chains while holding out the prospect of rewards for companies that invest in and build plants in the United States, Yonhap reported.

What is the Foundry School? The school, which The Hill reported is a project of the State Department's Pax Silica initiative, will train entrepreneurs, engineers, technicians and industrial leaders. Pax Silica is an initiative for supply chain cooperation on artificial intelligence, critical minerals and other areas, and it includes South Korea, Japan and other U.S. allies and partners, Yonhap reported.

What did Vance tell companies? "We also are willing, as the president has shown, to use the carrot to say to other countries and even to our own companies, that to the extent that you invest in the United States of America, to the extent that you build in the United States of America, you will be rewarded and you will find a partner in the American government," Vance said. Companies trying to "ship American jobs overseas" or relying on "brittle and frankly adversarial countries for our supply chains" would not be rewarded by government policy, he said, and would not "find a friend in the president of the United States or anybody else."

How did he link industry and security? Vance said "industrial security" is national security. "We have learned over the past five, the past six, frankly, the past 20 or 30 years, that if America doesn't have enough self-sufficiency in industry and manufacturing, our enemies are able to exploit it, and it makes our country much weaker," he said. The remarks came as the administration doubles down on a push to attract foreign investment and rebuild American manufacturing amid an intensifying Sino-U.S. rivalry, Yonhap reported.


Figures referenced: J.D. Vance. — JudgeMarket.

Sources

  • YonhapVance warns against relying on 'brittle,' 'adversarial' countries for supply chains69d ago
  • The HillWatch live: Vance headlines opening of school to ‘rebuild American manufacturing’69d ago