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US Democrats push bill to rebuild America's manufacturing base

June 16, 2026
Source: lokmattimes.com lokmattimes.com
News Snapshot:
Washington, June 16 The opposition Democrats unveiled sweeping legislation in the US Senate aimed at rebuilding America's manufacturing base, reducing reliance on Chinese-dominated supply chains and expanding federal support for industries considered vital to US economic and national security interests.The proposed Make More in America Act would significantly broaden the mandate of the Export-Import Bank of the United States (EXIM), allowing it to finance domestic manufacturing projects in sectors ranging from semiconductors and artificial intelligence to critical minerals, biotechnology, robotics, batteries and shipbuilding.Announcing the legislation, Senate Democratic Leader Chuck Schumer said repeated disruptions to global supply chains had exposed vulnerabilities...
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