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reshore
[ree-shawr]
verb (used with or without object)
(of a company or organization) to return offshored jobs or business activities to the home territory.
We expect to have reshored most of our media maintenance by the end of April.
It is unlikely that the company will continue to reshore this year.
Other Word Forms
- reshoring noun
Word History and Origins
Origin of reshore1
Example Sentences
The U.S. wants to reshore manufacturing, and China wants to sell its manufactured products into the American market.
"You maximise access to natural resources, of which Canada has plenty, and you reshore industry whenever possible."
Now, as the US chooses to reshore its manufacturing with a sudden jolt of protectionism, other countries also have choices as to whether to support the flows of capital and trade that have made the US rich.
A couple of pharma companies plan to try to reshore manufacturing down the line, but it will take quite a while for that to come into effect.
“If we’re trying to reshore manufacturing, tariffs are very blunt and they raise costs for other industries,” he said.
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