B3W vs China: why is India so jumpy?
USICA has gained bipartisan support and has been labelled as a “must-pass” legislation
Before discussing the Build Back Better World (B3W) initiative, it may be prudent to analyse its evolutionary process. B3W is actually the new form of two previous initiatives led by the American government, the United States Innovation and Competition Act (USICA) and the Blue Dot initiative. USICA is a $200 billion plan aimed at countering China’s influence domestically and abroad. As reported by the American media, USICA has gained bipartisan support and has been labelled as a “must-pass” legislation, but the negotiation process has resulted in the inclusion of amendments and provisions that deviate from the bill’s original goal.
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