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Tag Archives: reshoring fund

U.S. looks at paying companies to pull their supply chains from China

U.S. President Donald Trump looks at an assembly line

REUTERS, MAY 18, 2020 Idea of a “reshoring fund” stocked with $25 billion – to encourage U.S. companies to drastically revamp their relationship with China being discussed WASHINGTON – U.S. lawmakers and officials are crafting proposals to push American companies to move operations or key suppliers out of China that include tax breaks, new rules, and carefully structured subsidies. Interviews …

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