After years of watching US jobs bleed out to the Far East (mostly Red China), the presidency of Donald Trump turned that around big-time.
It had been clear that offshoring supply lines for products sold here (and final-assembled here) was not a bright idea; not much point in "making it cheaper" if there's no "it" to sell due to supply-line problems, so re-shoring the jobs had been happening for a while. Along with the re-shoring the US also saw an increase in Foreign Direct Investment (FDI) from companies headquartered overseas but selling goods here.
Donald Trump's tax and incentive policies put re-shoring and FDI into high gear. This chart tells the story very well.
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