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Bank of America says tariffs might spark a ‘reshoring’ boom—but experts say it might be a double-edged sword for the economy
fortune.com/2025/06/27/bank-of-america-tariffs-reshoring-boom-double-edged-sword-economy
Evidence of a U.S. manufacturing slowdown is mounting, according to the Bank of America Institute. Tariffs could help reduce that slowdown and bring more advanced production back stateside, but improving productivity might happen without increasing employment.
President Donald Trump has…
This story appeared on fortune.com, 2025-06-27 16:04:30.