ITIF Report on Green Mercantilism Discussed At Senate Hearing on Global Clean Energy Trade

While mercantilism is present in nearly all economic industries, the rise of “green mercantilism” is troubling because it impacts a key growth industry and hurts countries that largely implement “good” innovation policies, like the United States. Citing ITIF’s report, Sen. Ron Wyden (D-OR) stated at the hearing, “I think the principle question for our panel and for our challenges in the days ahead is how we’re going to respond to what some experts define as green mercantilism…Is it acceptable for Chinese industrial policy to shape the U.S. economy?”