Federal support for reshoring to the USA of manufacturing and supply chains has been seriously discussed in Washington D.C. Some companies have already started reshoring without any government support. Others may need some direct financial support from the government, and/or tax code changes that discourage offshoring and incentivize reshoring. The Wall Street Journal and Reuters reported earlier this month that there was “widespread discussion underway” for a reshoring fund aimed to “drastically revamp their [(the U.S.’s)] relationship with China.”
