By Robert E. Lighthizer, the U.S. trade representative:
The pandemic, and Trump’s trade policy, are accelerating a trend to bring manufacturing back to America.
Some say crises don’t so much alter the course of history as accelerate changes already underway. That’s certainly the case when it comes to the coronavirus pandemic and the offshoring of American jobs.
In recent years, businesses have been rethinking the way that overextended, overseas supply lines expose them to unacceptable risks, a reassessment that got a boost from President Trump’s reorientation of U.S. trade policy. A lemming-like desire for “efficiency” had caused many of them to move manufacturing over the past two decades to China, Vietnam and Indonesia, among other places.
Read more: New York Times