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The same is true of Covid-19, which disrupted just-in-time deliveries by shutting down factories around the world. Instead, the uncertainty caused by Trump s trade war and Covid-19 supply chain disruptions paralyzed corporate decision makers, and though more than 600 U.S. manufacturers opted to return to the United States this year, the number is down by one-third compared with 2018. A lot of companies are like frozen deer in the headlights, said Jim Tomkins, Chairman of Tomkins International, a North Carolina consulting firm that helps manufacturers decide whether to bring their operations back to the U.S. They don t like having to depend on China. They would maybe like to bring back manufacturing to Mexico or the U.S. But because of the uncertainly, they can t tell me their requirements. They don t know how much they re going to sell. And given how much they don t know, this probably isn t the best time to make any major capital investments. ....
The same is true of COVID-19, which disrupted just-in-time deliveries by shutting down factories around the world. Instead, the uncertainty caused by Trump s trade war and COVID-19 supply chain disruptions paralyzed corporate decisionmakers, and though more than 600 U.S. manufacturers opted to return to the United States this year, the number is down by one-third compared with 2018. A lot of companies are like frozen deer in the headlights, said Jim Tomkins, chairman of Tomkins International, a North Carolina consulting firm that helps manufacturers decide whether to bring their operations back to the U.S. They don t like having to depend on China. They would maybe like to bring back manufacturing to Mexico or the U.S. But because of the uncertainty, they can t tell me their requirements. They don t know how much they re going to sell. And given how much they don t know, this probably isn t the best time to make any major capital investments. ....