In the past decade, the U.S. has intensified efforts to decrease dependence on foreign trade, particularly following the outsourcing of manufacturing jobs for cheaper labor, which saw employment drop from 14.5 million in 2000 to 11.5 million in 2010. By 2023, this number had rebounded to 12.9 million, aided by initiatives from both the Trump and Biden administrations aimed at boosting domestic manufacturing. Key legislations like the CHIPS and Science Act and various tariffs on Chinese imports have fueled a trend towards diversifying supply chains and relocating manufacturing closer to home.

Source: https://www.scmr.com/article/reglobalization-drives-the-modern-supply-chain-network