These 4 Companies Will Be the Biggest Winners If Manufacturing Moves Back to the U.S.
The negative effects of the U.S. trade conflict with China and the COVID-19 pandemic have put reshoring firmly on the agenda for many manufacturing companies. After all, if you've been hit with increased costs due to tariffs through sourcing product from China and/or supply chain disruptions due to COVID-19, then it makes sense to start thinking about manufacturing and sourcing locally.
Let's take a look at four companies that stand to benefit from this response.
The issues around the supply chain created by the pandemic are only likely to accelerate a movement that's already in place. It's an issue close to President Trump's heart and, according to reports, the administration is looking at ways to give incentives to companies bringing manufacturing back to the U.S.
Source Fool.com
