professions, and decreasing the time to market.

From 2018 to 2023, many firms reacted to tariff escalation, geopolitical frictions and industrial policy shifts by diversifying production across multiple countries ("China-plus-many") rather than exiting a country entirely, with Vietnam, India, Mexico, Thailand, Taiwan and the United States among the most frequent destinations. Companies typically cited several overlapping drivers per move--most commonly geopolitical risk and trade-war tariffs, alongside rising costs and the desire to reduce