Advertisement
Advertisement
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: nearshore ( def 2 ), friend-shoring ( def ).
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 Words From
- re·shor·ing noun
Word History and Origins
Origin of reshore1
Example Sentences
"If we ... reshore, friendshore we may be leading the world towards fragmentation of trade, which will be very costly," she said.
They have been heightened after the passage of the Biden administration's Inflation Reduction Act, which aims to rapidly expand U.S. renewable energy and reshore clean energy manufacturing.
It was a play on the efforts to "reshore" domestic production in critical industries, but including allies or "friends" in these rebuilt supply chains.
That means tariffs to foster American industry, local content requirements to reshore manufacturing and taking the shackles off U.S. energy producers.
Vying for tech supremacy over China, the United States is seeking to "suppress China's technological advancement, and reshore the supply chain of high-tech industries that are critical to U.S. national security," said Kaiwen Wang, China strategist at alternative asset management firm Clocktower Group.
Advertisement
Advertisement
Advertisement
Advertisement
Browse