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Donald Trump isn't the only world leader making hey from protectionist rhetoric and policy — more than 800 new protectionist trade measures have been implemented around the globe since November 2008, including many "Buy American" provisions signed into law by President Obama. The Wall St Journal reports that this dynamic is forcing companies like GE to build factories abroad to win contracts, even if their U.S. operations are more efficient.

One example is a $2.5 billion contract the manufacturer won from Indian Railways, which the company says it couldn't have won without first building a factory complex there in 2014. And if it wanted what is now one of GE Transportation's largest-ever contracts, building a second facility in the remote town of Marhuara, India — a location handpicked by a powerful Indian politician for development reasons — was its only choice.

Why it matters: Once poor countries like China, India, and Indonesia are building infrastructure and human capital necessary to handle sophisticated manufacturing, and they are demanding that multinational firms hire domestically if they want to sell domestically.

Go deeper

Updated 43 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

2 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.

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