Investing in port infrastructure for America’s post-COVID-19 recovery

Author: Gary Clyde Hufbauer, PIIE US President Joe Biden’s next big legislative push is an infrastructure bill that will top US$2 trillion. The President has broadly defined ‘infrastructure’ to include schools, housing for the elderly and much else besides the classic ingredients of roads, bridges and ports. While the total price tag is huge, constituencies in both the Democratic and Republican parties will jockey for their favourite projects, so some needs will be short-changed. Even with a price tag in the tens of billions, enlarging ports on the US West Coast should be a priority for Biden. Dozens of container…

Source link : Investing in port infrastructure for America’s post-COVID-19 recovery by East Asia Forum

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