Great Question: A Manufacturing Podcast
Will Trump's Tariffs Impact North American Reshoring Initiatives?
Jan 30, 2025
Join Rosemary Coates, Executive Director of the Reshoring Institute and supply chain expert, as she dives into the implications of proposed 25% tariffs on goods from Canada and Mexico. She discusses how these tariffs might affect reshoring initiatives in North America, urging companies to rethink their supply chains in light of recent economic changes. Additionally, Rosemary highlights the interconnectedness of semiconductor supply chains and the ongoing demand for innovative technologies amid global challenges. This conversation is a must-listen for anyone interested in manufacturing's future!
20:50
Episode guests
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- Reshoring initiatives in the U.S. have accelerated post-pandemic, driven by vulnerabilities in global supply chains and evolving political climates.
- Legislative acts like the Inflation Reduction Act and Chips and Science Act significantly bolster reshoring by enhancing funding and production capabilities in critical industries.
Deep dives
The Rise of Reshoring
There is a growing movement towards reshoring in the United States, fueled by a desire to bring manufacturing back to domestic grounds or nearshoring to Mexico. Companies have increasingly turned to reshoring due to challenges faced during the pandemic, which highlighted vulnerabilities in global supply chains, particularly issues with timely parts sourcing. This trend has gained momentum following recent political changes, reflecting concerns over tariffs and international policies affecting global supply chains. The demand for reshoring assistance has risen sharply, with many companies actively seeking help to navigate these changes and uncertainties.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
