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" ... But there are arguments out there though from some prominent economists against keeping FDII because it encourages the offshoring of physical assets in the way it's calculated. Those arguments could potentially be in keeping with Biden's general philosophy of trying to encourage onshoring of jobs, of assets, of things like that. It's something that bears watching, but we have no hints at what the administration actually will be considering with FDII. ... "
" ... One of the trends that has emerged from the COVID-19 pandemic is the onshoring of U.S. pharmaceutical manufacturing. As more companies focus on manufacturing in the U.S., they face stringent requirements from the U.S. Food and Drug Administration (FDA) to meet cleanroom compliance, such as monitoring the particles in the air. ... "
" ... “For national security reasons alone, I think there will be some pretty massive onshoring especially for items that are needed in emergencies like the one we are in now,” says Lily Fang, a professor of finance at INSEAD, a global business school outside of Paris, with a campus also in Singapore. Fang is originally from China. ... "
" ... “If this long and hard pandemic has taught us anything, it has shown us the value of onshoring manufacturing, including plastics, which until the recent vaccine rollout, have been the first and only line of defense for our first responders and hospital workers. We need to shorten the supply chain, which lowers emissions, creates more jobs here at home and provides the communities of Appalachia countless opportunities to diversify their economies. “ ... "