Podcast | Will an Investment 'Supercycle' Spark the Revival of ...
Three recent funding measures may prompt manufacturers to move production from China back to the US. The investment initiatives - the Inflation Reduction Act, CHIPS and Science Act, and infrastructure funding bill - could trigger a rush of reshoring. Rising factory wages, punitive duties on Chinese imports, and concerns about extended supply lines have created growing disaffection for China. However, there are nuances to consider, according to Rosemary Coates, executive director of the Reshoring Institute.
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