https://foreignpolicy.com/2023/03/24/economy-trade-united-states-china-industry-manufacturing-supply-chains-biden/

three-paragraph primary post, dedicate one paragraph to each of the following questions.

What is the author's core thesis regarding a successful industrial policy?

What policy recommendation(s) follow from this thesis?

Assuming the author is correct, why have both the Trump and Biden Administrations pursued legislative and administrative aims that are inconsistent with this viewpoint? And how will these policies most likely affect the growth of future real GDP/income? So are these policies worth it? Why or why not?