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Trump says tariffs will accelerate reshoring, but experts say it's not that easy

Summary by CNBC
President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.

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Trump says tariffs will accelerate reshoring, but experts say it's not that easy

President Donald Trump may hope his tariffs bring manufacturing and jobs to the U.S., but the reality is not so simple, according to experts.

·United States
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Stockxpo - A professional network of traders, investors and analystsStockxpo - A professional network of traders, investors and analysts

Trump says tariffs will accelerate reshoring, but experts say it’s not that easy

Arseniy45 | Istock | Getty Images President Donald Trump may hope his tariffs jump-start a renaissance in manufacturing in the United States, but the reality is not so simple, according to experts. The president announced sweeping tariffs Wednesday, including a baseline 10% levy across the board on all imports. He also targeted specific countries with steep tariffs, such as 34% on China, 20% on the European Union and 46% on Taiwan. Trump said “…

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IndMacDig | Industrial Machinery DigestIndMacDig | Industrial Machinery Digest

Reshoring: Key to Estimating the Impact of Tariffs - IndMacDig

A new industry survey capturing the perspectives of original equipment manufacturers (OEMs) and contract manufacturers (CMs) on reshoring and domestic supply chain sourcing is set to be released this April in a joint project between the Reshoring Initiative® and Regions Recruiting®. With approximately 500 respondents, the survey offers critical insight into how U.S. manufacturers will respond to proposed federal policy changes. Conducted in Q1 2…

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IndMacDig | Industrial Machinery Digest broke the news in on Friday, April 4, 2025.
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