Posts Tagged ‘friendshoring’

“Friendshoring” Ramps Up As Apple’s Made-In-India Iphones Tops $14 Billion

Global supply chains have fractured since former President Trump started the trade war with China. One of the largest beneficiaries is India, which has become the prime spot for “friend-shoring” US manufacturing supply chains out of the world’s second-largest economy as relations with the West deteriorate.  Bloomberg reports that Apple makes 14%, or about 1 […]