2min chapter

Dollar & Sense: The Brookings Trade Podcast cover image

Japan’s quiet leadership as it hosts the G7 summit in Hiroshima

Dollar & Sense: The Brookings Trade Podcast

CHAPTER

The Differences in the US and Japan Approach to Manufacturing

In the data, we do not really see much reshoring back to the United States. A certain amount of multinational production is shifting to Southeast Asia and that's noticeable in the data. So the Japanese approach you describe is probably more realistic than expecting a lot of this production to move back to the U.S.

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