No. of Recommendations: 2
But that rules out decoupling.
I'd rather not quibble over the meaning of the word 'is', as they say. It's clear the United States should move to a place where it makes the strategic things it needs in a location either inside the United States or within a friendly country. How about that?
Your article is conflating a lot of events.
US aircraft sales plummeted in 2019, following crashes of Boeing's airplanes.
Boeing's issues and the subsequent restriction of plane production, labor strife and general black eyes had a ton to do with this.
The reasoning here
The Biden administration was not to blame, as China was never on pace to meet its purchase commitments (figure 2). Trump's deal was agreed on December 13, 2019 and signed on January 15, 2020. By the end of June 2020, China's purchases were at only 55 percent of the pro-rated target; they reached 59 percent of the year-end commitment for 2020. China was never able to catch up, as the agreement was back-loaded, with additional purchase commitments for 2021 that were more than 60 percent higher than 2020.
Was there something happening that might have affected global purchasing in 2020?
But the truth is that the failures of the agreement were mostly because of flaws in what Trump did, not lack of "enforcement" in the first year of the Biden Administration.
I'd say COVID had more to do with it, but whatever.
The broader point still stands - we were doing nothing to lessen our dependence on China for critical things. Do you really want to sole source our PPE from them?
