This project examines how subsidies under the U.S. Inflation Reduction Act (IRA) have reshaped global clean energy investment patterns. It argues that these subsidies are redirecting foreign direct investment toward the United States by creating strong financial incentives for firms in sectors such as electric vehicles, batteries, and renewable energy. As a result, companies are relocating operations to benefit from these policies, leading to a noticeable surge in clean energy investment in the U.S. after 2022. This shift highlights a broader transformation in the global economy, where countries are increasingly using state-led industrial policies and subsidies as tools of economic competition rather than relying solely on free market principles.