White House Promotes Onshoring to Bolster Domestic Industries

The White House has unveiled a new policy focused on bringing back manufacturing jobs through onshoring practices, aiming to reduce dependence on global supply chains and strengthen American industries. This shift could significantly impact the U.S. economy, sparking reactions from industry leaders and potentially altering international trade relations. The White House’s plan aims to achieve this by implementing strategies to bring manufacturing jobs back to domestic soil. Major sectors such as technology and automotive are likely to be most impacted by these changes.