brockm on Nostr: The manufacturing re-shoring trend from China to the US is something I never thought ...
The manufacturing re-shoring trend from China to the US is something I never thought I’d see happen. But what started as a trickle, has turned into a river. The sheer amount of companies announcing withdrawal from China and plans to build plants in the US is just crazy.
The upshot is, this is going to really change the nature of America’s trade balance with the world, which is going to have major geopolitical repercussions in the years to come.
The downshot, is this potentially increases the risk of kinetic conflict between China and the US as the decreasing economic interdependence also loses its moderating influence.
The upshot is, this is going to really change the nature of America’s trade balance with the world, which is going to have major geopolitical repercussions in the years to come.
The downshot, is this potentially increases the risk of kinetic conflict between China and the US as the decreasing economic interdependence also loses its moderating influence.