"Made In America" Is Easier Said Than Done

Automotive and TransportationAutomotive and Transportation

Tue, February 4, 2025

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Precision Timing's Role In Advancing Transportation Technology

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Rahul Gandhi indulging in irresponsible politics on matters of national interest: Rajnath Singh

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Kanye West's Grammy antics: A failed photo op with Swift

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Schumer Blasts Trump And DOGE's 'Dangerous Chokehold' On Treasury Payments

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[ Tue, Feb 04th ] - Reuters

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CA defers confirmation of Philippine Space Agency chief Marciano's appointment

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HSBC deputy global equities chief takes leave, sources say

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Supreme Court slams Centre and Assam for not deporting people declared as foreigners

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Turmoil inside USAID as Musk calls the agency 'criminal' and says it 'has to die'

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[ Tue, Feb 04th ] - Forbes

"Made In America" Is Easier Said Than Done

^{Published on 2025-02-04 00:21:32 - Forbes}

Nearshoring manufacturing is going to require more cooperation with our neighbors and significant investment in transportation networks.

The article from Forbes, titled "Made In America Is Easier Said Than Done," discusses the challenges and complexities involved in bringing manufacturing back to the United States. It highlights that while there is a strong political and public push for "Made in America" initiatives, the practical implementation faces numerous hurdles. Key points include the high cost of labor in the U.S. compared to countries like China, the lack of necessary infrastructure, and the established supply chains abroad. The piece also touches on the economic implications, such as potential increases in product prices, the need for significant investment in automation to offset labor costs, and the difficulty in reskilling or attracting a workforce to manufacturing jobs. Furthermore, it notes that some companies are attempting to localize production, but they often encounter issues with scale, cost, and efficiency. The article concludes that while the sentiment for domestic manufacturing is strong, the transition requires a multifaceted approach involving policy changes, technological innovation, and a reevaluation of economic models.

Read the Full Forbes Article at:
[ https://www.forbes.com/sites/greatspeculations/2025/01/31/made-in-america-is-easier-said-than-done/ ]

N@N

"Made In America" Is Easier Said Than Done