Com­merce sec­re­tary: China virus could bring jobs back

Antelope Valley Press - - BUSINESS -

WASHINGTON — Com­merce Sec­re­tary Wil­bur Ross sug­gested that the vi­ral out­break in China might of­fer an un­ex­pected ben­e­fit for the U.S. econ­omy: It could en­cour­age Amer­i­can man­u­fac­tur­ers in China to re­turn to the United States. Ross em­pha­sized that he didn’t wasn’t cel­e­brat­ing what he de­scribed as a very un­for­tu­nate, very ma­lig­nant disease. He added, though, that the out­break gives busi­nesses “yet an­other thing to con­sider” when they go through their re­view of their sup­ply chain. But skep­tics doubt that many Amer­i­can com­pa­nies with deep roots in China might aban­don the coun­try purely over the virus.

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