“I think free trade has been dead and probably been dead for a while and isn't looking good for any time in the near future,” said Chad Bown, senior fellow at the Peterson Institute for International Economics.
Most retailers used to focus on selling, and left processing, manufacturing, and shipping to specialized companies. The pandemic and now tariffs have both been lessons in doing more in-house.
From the BBC World Service: President Donald Trump has pushed back a deadline for tariffs while also sending letters to 14 countries with a renewed threat of increased levies.