As Washington and Beijing announce a new trade agreement, the details remain vague—and China’s continued restrictions on rare earth exports raise fresh doubts. Meanwhile, GE Appliances makes a major reshoring move with a $490 million investment in Kentucky. At the same time, H&M braces to stay competitive amid rising apparel costs. Nearshore News Summary: China, […]
As trade policy continues to reshape global manufacturing, fresh data and new investments point to a growing emphasis on localization and resilience. In the U.S., reshoring hit record levels in 2024 and General Motors is investing billions to shift production stateside. The medtech sector is also doubling down on nearshoring to improve compliance and speed. […]
