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Bring industry back home: Reshoring after trade globalisation

Patrick J. ByrneSep 9, 20205 min read

by Patrick J. Byrne Symbolic of the retreat from globalisation of trade, Foxconn, the manufacturer of iPhones and key supplier of Apple products, says it is moving more of its operations back to the United States and that China’s time as factory to the world is finished. A Bank of America (BofA) report, entitled Tectonic Shifts in Global Supply Chains, surveyed 3,000 global…

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