Comment by thyristan
3 months ago
Building a new factory needs a few years from idea to start of planning to production. 2 years if you are really really quick maybe, 4 to 6 years might be more realistic. The term for the current administration ends in 3.5 years and the next one probably won't be lead by Trump, so things will change.
This means that nobody will even start moving production back yet, they will pay lip-service, do the minimum to get along for this term, and hope for the best for the next one.
Politicians have been running on platforms of about undoing the damage of offshoring since Obama's first term at least, now here we are in 2025 and someone just won an election and it played a key role so clearly it's a big important thing and it's reasonable to expect it to stick around as an issue on the official party platforms. There is a non-negligible chance that in 2029 there will be someone in the white house who continues to push in that direction, even if the specific policy is very different from the current tariff policy.
The wise thing to do is to at least make steps in the direction of on-shoring or at least make your plans and investments compatible with it.