"Made In America" Is Easier Said Than Done

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"Made In America" Is Easier Said Than Done

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"Made In America" Is Easier Said Than Done

//automotive-transportation.news-articles.net/co .. 04/made-in-america-is-easier-said-than-done.html

Published in Automotive and Transportation on Tuesday, February 4th 2025 at 0:21 GMT by Forbes
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

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

2025-02-04 164 x 110 / 7589 Bytes

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/ ]