A new research paper published by the Bank of America (BofA) notes an emerging shift among North American and European manufacturers toward onshoring production from China, in spite of facing costs that could exceed US$1 trillion over the next five years.
Tariffs, trade disputes, security concerns and threat of future pandemics said to be driving shift away from globalised supply chains in spite of higher costs…
TRY unlimited access for just £1 / €1 / $1 per week for your first 4 weeks.
Keep reading for just £1 / €1 / $1
No commitment, canel anytime*
Offer ends 31 April 2024
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)