When Trump started introducing tariffs, many claimed that he had too many goals for them: bring money into the treasury, get fair deals from other countries, reshore manufacturing.
So far, we have received a lot of money, inflation has been kept at bay by importers paying it instead of passing it on to consumers, and now, there’s serious consideration of bringing manufacturing back to the U.S..
Ohio-based OTC designs and builds factory production lines and automation systems. Soon, CEO Canady said, companies like his will have to “place their bets” on where to shift production for a more sustainable cost base. That may mean back to U.S. shores for high-end products, and to Mexico for lower-value parts.
Source: Supreme Court won’t stop Trump’s tariffs. Deal with it, officials say | Reuters