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Reshoring Definition

(noun)
definitions

the practice of transferring a business operation that was moved overseas back to the country from which it was originally relocated


examples

reshoring can help us rebalance our economy, create new jobs and cut our trade deficit

(verb)
definitions

(of a company) transfer (a business operation that was moved overseas) back to the country from which it was originally relocated


examples

increasing numbers of US-based manufacturing businesses are planning to reshore production from China back to the US

the decision to reshore hinges on a host of factors

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