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White House NSA Sullivan To Give Major Economic Address Thursday


Politico reports that White House NSA Jake Sullivan will deliver a major address on international economics at the Brookings Intuition on Thursday.

  • According to the White House, the address will provide a review of administration policies, relationships with allies, and may preview new actions on China.
  • Politico writes the speech, "will highlight Biden’s new industrial policies — embodied in the CHIPS Act and Inflation Reduction Act — and argue those policies are “not just a domestic imperative but necessary for America’s national security and global leadership."
  • Sullivan's address will comes in the wake of a major speech from Treasury Secretary Janet Yellen at John Hopkins university which sought to outline a framework for economic competition with China and defuse tensions by stressing that competition with China operates in the sphere of national security and isn't designed to restrain China's economic development.
  • Politico notes that Yellen's speech, "raised eyebrows for potentially contradicting Sullivan’s tech doctrine outlined last September, when he said the U.S. would try to slow or stop Chinese tech development in a number of sectors — from chips to artificial intelligence, clean energy and biotech."

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