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How ‘Friend-Shoring’ Could Make America More Like China
The US is trying to rewrite the playbook of global trade, but not everyone is joining in.
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The US is trying to rewrite the playbook of global trade, pushing a policy known as “friend-shoring” that encourages companies to shift manufacturing away from authoritarian regimes and toward allies. But tucked away in northern Africa, one nation is betting that globalization is here to stay—and flourish.