Buying American is important for jobs, supply chain resiliency, and security.
Federal broadband policy stimulates fiber production. Examples include the groundbreaking reverse auction pioneered by the Federal Communications Commission’s Rural Digital Opportunity Fund and the Infrastructure Investment and Jobs Act . In 2021, US fiber manufacturers Corning, Prysiam, CommScope, and Sterlite announced some $275 million in investment.
DOC observed that China has stockpiled more than 300 million kilometers of excess fiber, estimated to double by 2024 and far exceeding its domestic needs. By comparison, the world’s total production of optical fiber in 2020 was close to 500 million kilometers. China overproduces on purpose as part of its mercantilist strategy to drive down price and win greater market share.
The European determination is noteworthy. While trade law allows governments to combat predatory practices, the damage is already done to local markets well before punishments are levied.
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