– We continue our series on manufacturing reshoring this week with the outlook for Indonesia, which has a large domestic market, low labor costs and policy stability but has yet to break out of its resource-led export economy. Indonesia is not the only attractive in-market, for-market manufacturing destination, as shown by Fast Retailing Co. Ltd.’s plans for India.
– One driver for reshoring has been US tariff policy, which remains in flux following a split ruling by the US Court of Appeals for the Federal Circuit on International Emergency Economic Powers Act (IEEPA) duties — the ...