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For sure..the Trump tariffs as a method to bring jobs back to the US was definitely a con job. The low labor cost world has a long, long way to go before labor intensive jobs start to spring up in the US. On the other hand, relatively low labor products do have increasingly good opportunities near shoring back to the US. Particularly products with high freight costs per unit. See the recent Peloton announcement about opening a $400 mil new factory in the US.

May 28, 2021
at
8:53 PM