"Shoaib Makani, Founder and CEO of Motive: "We use contract manufacturers across Asia. These tariffs are not, paradoxically, high enough for us to nearshore. You'd have to get to 50%-plus for it to make sense for us to move our supply chains to North America. Even if we were at that threshold, we don't have the manufacturing capacity to bring the vast majority of electronics here.""
"Jennifer Ives, Vice President, Artificial Intelligence, Partnership for Public Service: "We're seen such a bringing together of industry and public sector leaders to figure out how to approach this. There really isn't enough thoughtful conversation around regulation and guardrails ... I hear, on one side, regulate, regulate and, on the other, deregulate. There is a happy medium.""
"John W. Mitchell, President and CEO, Global Electronics Association: "Companies need consistency to make plans and move forward. They're moving to other countries because they'll give us a 10-year plan and they'll follow it. We have a government in this country that changes every four years and they tend to undo everything that happened the""
CEOs and founders at Brainstorm Tech in Park City highlighted how geopolitics, tariffs and policy inconsistency are shaping supply-chain decisions. Motive noted that current tariffs are insufficient to justify nearshoring and that North American manufacturing capacity cannot absorb most electronics production even if tariffs rose above 50 percent. AI leaders called for balanced regulation and practical guardrails rather than extremes of regulation or deregulation. The Global Electronics Association emphasized that companies seek long-term policy consistency and prefer countries offering stable multi-year plans. Additional topics included AI impacts on manufacturing, off-planet technology conversations, and major geopolitical headlines and market movements.
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