Reported 13 days ago
In a recent discussion on Capitol Gains, economist Ryan Sweet challenged the notion that Donald Trump's tariff policies will significantly bring manufacturing jobs back to the U.S. While some sectors are seeing a partial return, like pharmaceuticals and microchips, Sweet argues that consumers will continue to favor imported goods over domestic production. He predicts that, instead of reshoring jobs, businesses will diversify their supply chains to countries like Taiwan, Vietnam, and Mexico, rendering a substantial reshoring unlikely.
Source: YAHOO