Another promise made and promise undelivered

Has Trump’s tariff moved production from China to the US?

According to the Trump regime, an explicit goal of launching the “liberation day” tariff war is to force US companies to move manufacturing back to the US, especially from China.

After two months of on-again-off-again flip flop, the verdict is in on the effectiveness of the stable genius’s “easy to win” tariff war.

Last Friday, the American Chamber of Commerce in China (AmCham China) released its latest survey conducted in late May. According to the survey, no US companies has shifted production back to the US. Not one.

Although acknowledging tariffs pose rising challenges to US companies in China, the AmCham report noted “Despite the challenges, most companies are not planning to exit China. Instead, they are localizing operations or shifting some production to third countries. None report shifting production back to the US".

Alvin Liu, Chairman of AmCham China, mentioned that tariffs are an added challenge for member companies. "But the message from this survey is clear: most US companies are not giving up on China. Remaining engaged in the Chinese market is a strategic imperative - one that allows companies to stay competitive globally, adapt to shifting policies, and provide valuable on-the-ground insights that inform smarter, more balanced policymaking."

Reindustrialization seems to be another bait-and-switch from the Trump administration like his promise to “shut down the Russia Ukraine war in 24 hours”. I wonder when US politicians proudly announce “promises made, promises delivered” in campaign rallies, which promises are they referring to? Maybe the tax cut promise made to their oligarch backers?