On U.S. Economic Security and Competition
21 November 2025

On U.S. Economic Security and Competition

CFR On the Record

About

Today, U.S. economic leadership is at a crossroads. An overconcentration of critical supply chains in China, underinvestment in important sectors at home, and strategic competition over the next generation of foundational technologies has exposed vulnerabilities in U.S. economic security. 


 


In its new report, U.S. Economic Security: Winning the Race for Tomorrow’s Technologies, the CFR Task Force on Economic Security addresses U.S. economic security risks and offers practical recommendations for mobilizing the resources needed to prevail.


 


This Task Force is part of RealEcon: Reimagining American Economic Leadership, a CFR initiative of the Maurice R. Greenberg Center for Geoeconomic Studies.


 


Background Reading:



    This CFR Task Force Report finds that strategic competition over the world’s next generation of foundational technologies is underway, and U.S. advantages in artificial intelligence, quantum, and biotechnology are increasingly contested.

 


Host: Greg Ip, Chief Economics Commentator and Deputy Economics Editor, Wall Street Journal


 


Guests: Jonathan E. Hillman, Project Director, Economic Security Task Force; Senior Fellow for Geoeconomics, CFR


 


Justin G. Muzinich, Cochair, Economic Security Task Force, CFR; Chief Executive Officer, Muzinich & Co., Inc.; Former Deputy Secretary of the Treasury (2018–21); Board of Directors, CFR


 


Gina M. Raimondo, Cochair, Economic Security Task Force, CFR; Former Secretary of Commerce (2021–25)


 


James D. Taiclet, Cochair, Economic Security Task Force, CFR; Chairman, President, and Chief Executive Officer, Lockheed Martin Corporation


 


Want more comprehensive analysis of global news and events straight to your inbox? Subscribe to CFR’s Daily News Brief newsletter.


 


To keep tabs on all CFR events, visit cfr.org/event. To watch this event, please visit our YouTube channel: https://www.youtube.com/watch?v=mLs6B7KF4p0