December 2024 Reshoring Initiative E-News: Preparing for the Next Era of Reshoring, Special Webcast this Friday!

Join Harry Moser and Chris Semenuk this Friday, December 13, 2024, at 9 am PT | noon ET for another insightful discussion on the post-election implications and outlook for reshoring:

Webcast: Tariffs, Jobs, and Trump: Accelerating Reshoring

The webcast will focus on President-Elect Trump’s key appointments, which provide insights into how he will convert campaign slogans into policy. We will attempt to distinguish between campaign posturing, negotiation positions and committed actions. Trump’s greatest emphasis continues to be on tariffs. His America First plans could accelerate reshoring, but aggressive deportations and a failure to jump-start training programs would result in severe labor/skills shortages, undermining the push to bring manufacturing back.

​ Register here to find out how the coming changes could impact your business. 

Artificial Intelligence, Hubs, the U.S. Dollar and More

The Great Reshoring: Wake Up America, Your Factory Is Calling

AI is poised to help reshore jobs by turning labor into a strategic asset rather than a cost center. Instead of replacing jobs, AI enhances the roles of workers, enabling them to focus on tasks that require human ingenuity and decision-making.

Manufacturers: Get a Head Start with AI. Here’s How

AI is a game changer—it can propel your business forward or risk leaving you behind if you don’t adopt it. For those exploring reshoring manufacturing, leveraging every available tool is essential to offset higher U.S. labor costs. AI can optimize all aspects of your business, from hiring and supply chain management to pricing strategies, competitive analysis, and data insights. Read our blog for valuable insights and practical guidance for navigating AI investments to help you get started.

The Economist Whose Contrarian Streak Has Gotten Attention in Biden and Trump Camps

Michael Pettis has spent two decades in China, and he calls free trade a mirage. He is advocating for taxing foreign investments in U.S. treasuries as a strategy for driving down the value of the US dollar, which in turn could lower the trade deficit and improve U.S. manufacturing with more exports… and fewer imports. Lowering the U.S. dollar is the most effective policy to make U.S. manufacturing more competitive. 

"City within a city" envisioned around TSMC in Phoenix

Developers envision a $7 billion "city within a city" called Halo Vista that would center around a Taiwan Semiconductor Manufacturing Co. manufacturing site in Phoenix. The 2,300-acre project, led by Mack Real Estate Group and McCourt Partners, would feature residential, industrial, retail and office spaces, aiming to create an innovation hub and support a growing tech economy in Phoenix.

U.S. Drugmakers Are Breaking Up with Their Chinese Supply-Chain Partners

U.S. drugmakers and biotechs that have come to rely on Chinese partners for manufacturing, research and ingredients are looking for alternatives as geopolitical tensions rise.

China begins tightening rare earth supply

The ongoing U.S./China trade war is likely to produce more protectionist policies, highlighting the need for further reshoring and US self-sufficiency.

Upcoming Events 

December 11 – NW Illinois Whiteside County Economic Development, Remote

December 13 – Tema Webcast: Tariffs, Jobs, and Trump: Accelerating Reshoring, register now!

Feb 17-18 – MS Supply Chain Conference, Starkville, MS

Feb 18-20 – Steel Tank Institute (STI), Hilton Head, NC

Early March – Made in USA Manufacturing Summit, Daytona Beach, FL

April 15 – AFS CastExpo, Atlanta, GA

April 28 and 29 – JLL Supply Chain Summit, San Diego, CA

April 29 – 2025 Rocky Mountain Supply Chain Connect, Denver, CO

See Upcoming Events and News at ReshoreNow.org for the latest updates. 

As always, thanks to all our readers, our sponsors and the companies who use our Total Cost of Ownership Estimator® (TCOE) to reshore. 

Sincerely,

Harry Moser, Founder

Millar Kelley, Newsletter Editor and Research Analyst

The Reshoring Initiative

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