Dreamstime U.S. manufacturing activity is heating up
as companies re-evaluate supply chain risk amid geopolitical concerns. Congress, for instance, passed a bill potentially delisting Chinese stocks that don’t meet U.S. audit standards in December. , which have roiled global supply chains for the past few years, are also influencing the manufacturing recovery—and reshoring. Tariffs change the math for sourcing low-cost parts from foreign locations. Manufacturing locally is more attractive in an environment with higher and varying tariff levies on imported goods.
Companies also have to contend with the Covid-19 crisis-—in what could be the biggest impact on global supply chains […]
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