I guess we’ll see. But if it works for India (i.e., manufacturers comply and build it there), then the U.S. should do the same.
India has always been thus.
RE: But if it works for India
What does “works” mean in economic terms?
Will it make them more prosperous?
Will it encourage more foreign companies to set up shop in India, or will it scare them away?
What are the cost/benefits of such a policy?
That is what I want to know when it comes to using the word “works”.
It won’t work. If the country was a good place to manufacture, it would already be happening. Same way, if US was a good labor market, then labor would be forming here. Artificially forcing the issue by mandates is just going to be disaster.