Why GE Appliances says it’s ready to bring 800 jobs back to the U.S.

GE Appliances executive Lee Lagomarcino said U.S. trade policy was the driving factor in the company’s recent decision to accelerate a plan to move overseas jobs back to the U.S.

“Any time we decide to move a factory or redesign a platform, it’s an expensive endeavor, so we have to think through the strategy and trajectory of market,” he told CBS MoneyWatch in discussing GE Appliances’ move to expedite a shift in production of its washers and dryers from China to the U.S.…

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