Showing posts with label globalization. Show all posts
Showing posts with label globalization. Show all posts

Wednesday, August 6, 2025

What’s Stopping Companies From Bringing Manufacturing To The U.S.

Today, a little over 12.7 million Americans work in manufacturing. But in the 1970s, that number was nearly 20 million. Over the years, globalization and lowered trade barriers have resulted in cheaper labor abroad and closed factories in America. 

But as President Trump pushes to revitalize manufacturing through tariff policy, economists and trade experts are divided on whether a manufacturing renaissance makes sense for the U.S., which has evolved to a service-based economy. Others say the benefits of onshoring go beyond price: shorter shipping times, better quality control, and supply chain agility, among other advantages. 

To better understand the challenges and possibilities of bringing manufacturing back to the U.S., CNBC visited a Midwestern bike maker shifting its supply chain from China to the U.S.
Interview: 

Friday, October 18, 2024

Opinion | AI, Aging and Shifts Globalization Will Shock the American Economy - The New York Times

The bad news is that these issues are not getting the attention they deserve, even though they are much more important for our future than debates about price gouging, taxes on tips or whether inflation is one point higher or one point lower. Unless we focus on them and act decisively, they will not just be mismanaged but also may spell a more dire future of work...

Saturday, January 19, 2019

China Leads the Way in Eradicating Extreme Poverty - YouTube

Greatest contribution to global poverty reduction has come from China says Mark Weisbrot of the Center for Economic and Policy Research...







Click Older Posts above to see more.