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Are US tariffs bringing manufacturing back to Canada?
(www.bbc.com)
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Stupid question to ask after two weeks of this shit.
China is the only place that can get a factory from idea to production in two weeks, and that's because they've got a massive factory manufacturing infrastructure (and are notorious for cutting corners).
It's going to be 3-6 months before manufacturing of basic stuff will start to be brought back in-house. In the meantime, we'll forge new supply chain relationships with other suppliers in other countries - more than one, hopefully.
True.
But if an existing factory happens to have some unused capacity, re-tooling to make a similar product that wasn't previously economically viable to make might be a fairly quick possibility.