According to www.fcnews.net, U.S. reshoring job announcements totaled approximately 240,000 in 2025, a 7% decline from 2024 — a dip attributed not to weakening demand for domestic manufacturing, but to persistent policy uncertainty surrounding tariffs and the overvalued U.S. dollar.
The Dollar’s Role in Reshoring Decisions
The source states that the U.S. dollar is overvalued by 20% versus developed countries and 100% versus China and other emerging markets. This overvaluation makes U.S. exports more expensive and imports cheaper, contributing directly to the $1.26 trillion goods trade deficit recorded in 2025. According to the report, reshoring decisions respond more effectively to cost competitiveness and predictability than to trade barriers or uncertainty.
Tariff Uncertainty Undermines Investment
Yale Budget Lab estimated that the administration’s trade policy raised the average U.S. import tariff to 17%, up from 3% year-on-year. The source notes that constantly shifting tariffs have made it “impossible to strategize and proceed with large investment decisions,” causing manufacturers to reduce orders for inputs and raw materials. U.S. manufacturing activity slipped to a 14-month low in December, reflecting falling new orders and high input costs.
MAC: A Proposed Financial Mechanism
The Market Access Charge (MAC), developed by Dr. John Hansen, a former World Bank economic adviser, is presented as a targeted solution. The MAC is described as a small variable tax on foreign capital inflows into U.S. financial markets — potentially 1% per transaction — designed to correct trade imbalances. According to the report, the MAC aims to:
- Increase U.S. exports
- Reduce U.S. imports
- Encourage foreign direct investment (FDI) in U.S. factories — not just financial assets
- Generate revenue for infrastructure and workforce training
The Reshoring Initiative explicitly supports MAC as a viable policy tool.
Practitioner Implications for Supply Chain Professionals
For global supply chain professionals, the article underscores that long-term facility planning, supplier qualification, and near-term sourcing decisions are being delayed—not by lack of capacity or will, but by macroeconomic unpredictability. A firm, long-term tariff regime is acknowledged as preferable to no action at all; however, the source argues that a 20% lower USD combined with a 25% tariff on China would be more effective than tariffs alone. With many announced reshoring and FDI projects still in a “pending” posture — including those cited by former President Trump as $21 trillion and later restated by Bloomberg as $7 trillion — supply chain leaders must prepare for potential acceleration once tariff structures stabilize. As Harry Moser, founder and president of the Reshoring Initiative, emphasizes, predictability enables multi-year capital planning, facility build-outs, and end-to-end supply chain reconfiguration.
“Reshoring decisions respond better to cost competitiveness and predictability than to trade barriers and uncertainty.” — Harry Moser, founder and president of Reshoring Initiative
Source: www.fcnews.net
Compiled from international media by the SCI.AI editorial team.
