reshoring

American  

[ree-shawr-ing] / riˈʃɔr ɪŋ /

noun

1. the practice or process of repatriating previously offshored jobs or business activities.

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Example Sentences

Meanwhile, Chinese biotech firms are expected to see a sharp contraction in U.S. federal contracting, accelerating an ongoing reshoring trend driven by tariffs and creating opportunities for U.S.-based CDMOs and contract research organizations instead.

From The Wall Street Journal

He cites data-center buildouts and the reshoring of industry as tailwinds for increasing electricity demand.

From Barron's

His strategy started flagging those companies when Russia invaded Ukraine in 2022, and that accelerated with post-COVID reshoring.

From MarketWatch

Khan said Apple is focused on simpler reshoring goals to start.

From The Wall Street Journal

The serious kernel of Mr. Hassett’s complaint, to the extent there is one, is that the New York Fed economists overlooked a wide range of other ways the tariffs could affect the U.S. economy, such as stimulating reshoring of production and an increase in domestic wages.

From The Wall Street Journal