So at #AFF22 invocation of need for trusted supply chains, #allyshoring, etc. but also that this can be cost effective. But we need to tackle reality that Russia and China offered commodities and components at lower cost/greater quantities. To generate #allyshoring … 1/
we must squarely face the dollars and cents equation and WHO will pay the differential between shifting away from cheaper “autocratic” to more expensive democratic providers. 2/
20 years ago, we could argue increased integration with China & Russia not only made economic sense but seemed to aid them in their own internal liberalization & to take their places in the post-Cold War order. Today we must face reality that our economic & national security… 3/
interests are in conflict, we have to make choices and accept the costs. 4/
Adding this from @ABaerbock’s speech earliest this month …
https://twitter.com/thorstenbenner/status/1567185354842689537
• • •
Missing some Tweet in this thread? You can try to
force a refresh
