View example sentences and word forms for Friendshoring.

Friendshoring

Friendshoring meaning

The process of moving production to diplomatically friendly or allied foreign locations which have lower production costs.

Example sentences (4)

I hope to use this trip to depeen what is already a significant relationship with respect to friendshoring that the United States and India have,” Yellen said.

More broadly, I hope to use this trip to deepen what is already a significant relationship with respect to friendshoring that India and the US has.

But what you’re describing is what they often talk about as friendshoring.

The American government’s preferred trading partners include countries such as India, Mexico, Taiwan and Vietnam, in which it hopes to spur the “friendshoring” of production to replace imports that would have come from China.