Global manufacturers are navigating a highly challenging environment marked by tariffs, trade conflicts and new alliances, supply chain disruptions, and rising geopolitical tensions. In the US, this has triggered the start of a new era of reindustrialisation with a focus on “Made in America”, where supply-chain resilience, reliable efficiency and advanced technology are key. As a result, companies are rethinking their manufacturing strategies as they see advantages in reshoring back to the US. This shift should create attractive investment opportunities for long-term investors.
Over the past few decades, global economies have grown increasingly interdependent as globalisation transformed national production systems. According to data from the National Highway Traffic Safety Administration (NHTSA), more than half of the parts used in automobiles sold in the US now originate from countries other than the United States or Canada. Increasing domestic demand has led the US to increase its imports, especially in product categories such as high tech. In 2024, the US imported more manufactured goods than ever in the past decade, from many regions of the world.
