Tariffs might not bring back domestic manufacturing for years, economists say

Honda is among the latest major companies to announce it's shifting its production to the U.S. The carmaker announced it will move production of its CR-V from Canada to the U.S. because of tariffs.

Honda isn't alone as companies aim to relocate supply chains and infrastructure to the U.S. amid growing concerns about the cost of importing goods from abroad due to President Donald Trump's tariffs.

Hyundai recently announced a $21 billion investment in U.S. growth from 2025 to 2028, and Stellantis announced it will invest more than $5 billion in the U.S.

Computer and technology companies are making major moves, too.

Видео Tariffs might not bring back domestic manufacturing for years, economists say канала WTKR News 3