2 ms·
> Of course. I don't think many saw coming that we wouldn't be on friendly trade terms with Mexico and Canada. My point is that near-shoring is the obvious thi
by sorcerer-mar 2y ago
> Of course. I don't think many saw coming that we wouldn't be on friendly trade terms with Mexico and Canada.
My point is that near-shoring is the obvious thing to do under the rationale you're talking about, but actually wouldn't show up in that chart.
Here's a comparison of the US vs Europe (which experienced similar China shocks):
https://www.atlanticcouncil.org/blogs/econographics/the-ira-and-chips-act-are-supercharging-us-manufacturing-construction/ https://www.atlanticcouncil.org/blogs/econographics/the-ira-...