Commerce secretary: China virus could bring jobs back
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.