Reshoring is a very interesting topic with multiple layers - for every Trump ‘we want those jobs here’ type , they are the exact same people who don’t want to live next to a factory or have pollution from it or even want to talk to people who merely work in factories, yet they want to be able to buy whatever they at cheapest price always. The vast majority of useless crap that’s made, I’m quite glad it’s made abroad in another countries sweatshop , and would rather we were nationally self reliant in the important stuff like food, medicine , homes, weapons, PPe, energy, and all the things that go into making and getting to the consumer all those products. Useless shit like MAGA baseball caps, China is welcome to make.Niegs wrote: Wed Apr 16, 2025 7:27 pm Out of interest, what are sensible ways they could reshore manufacturing? Or is it highly unlikely to be profitable any way given the costs of doing business?
The easiest way to onshore , is to make it tax attractive for a firm to be based there. Ireland did this brilliantly with pharma, microchips and financial services, and went from nowhere to a global hub in 20 years. Tax carrots are far more effective than stick tarrifs.
Manufacturing also doesn’t have to be all and end all of course , especially in mature markets like Uk where services dominate (France has even bigger slice of service sector, nearly 8o% gdp says wiki)
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