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TheDemonBuer ,
@TheDemonBuer@lemmy.world avatar

We moved much of our production to other countries, especially China. It’s going to take time to bring it back. It’s going to be difficult, too. Companies have gotten used to higher profits, due to the dramatically lower labor costs in other countries. Those companies aren’t going to be happy about coming back to the US where they’ll have to pay workers more, especially now that there’s a push to bring unions back.

MediaBiasFactChecker Bot ,

Nikkei Asian Review - News Source Context (Click to view Full Report)Information for Nikkei Asian Review:
> MBFC: Right-Center - Credibility: High - Factual Reporting: High - Japan
> Wikipedia about this source

Search topics on Ground.Newshttps://asia.nikkei.com/Business/Tech/Semiconductors/U.S.-chip-EV-industries-struggle-to-take-off-despite-huge-subsidies

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