Fact check: How many companies are leaving the US because of tariffs

1. Summary of the results

The analyses reveal that no comprehensive data exists on the specific number of companies leaving the US due to tariffs. Instead, the sources provide scattered examples of individual businesses making strategic adjustments:

• Brisbane-based Apéro Label has halted all orders to the United States due to the Trump administration's closure of a tax loophole on low-cost goods ^[1]
• Shipping from Australia to the US has dropped by 36% since April due to uncertainty about Trump's tariffs ^[1]
• Some businesses like Waza are considering expanding outside the US due to tariffs ^[2]
• Launchpad Co-Pack, a Canadian company, has seen increased business from US companies looking to shift production to Canada ^[3]

Rather than companies completely leaving the US, the evidence suggests businesses are raising prices, finding alternative suppliers, or relocating specific operations rather than wholesale departures ^[4].

2. Missing context/alternative viewpoints

The original question assumes a significant exodus of companies, but the analyses reveal several important missing contexts:

• Policy uncertainty appears to be driving business decisions more than the tariffs themselves, with companies struggling to make long-term plans due to unpredictable trade policies ^{[1] [4]}
• Infrastructure and labor force challenges mean that even when companies want to relocate manufacturing, it takes considerable time to "reskill the labor force and rebuild infrastructure" ^[4]
• Revenue generation perspective: Trump's tariff revenue has "skyrocketed in just a few months, soaring past 2024 levels," suggesting the policy may be achieving its intended revenue goals ^[5]
• Inflation impact: Despite widespread concerns, sources indicate that "Trump's tariffs haven't caused U.S. inflation to soar" ^[6]

Trade policy beneficiaries include domestic manufacturers who face less foreign competition, while importers and consumers bear the cost burden through higher prices.

3. Potential misinformation/bias in the original statement

The original question contains an implicit assumption that companies are leaving the US "because of tariffs" in significant numbers. However, the analyses show:

• No quantifiable data supports the premise that companies are leaving en masse ^{[1] [7] [2] [6] [5] [4] [3]}
• The question frames tariffs as purely negative, ignoring potential benefits such as protecting domestic industries and generating government revenue ^[5]
• Business adaptation strategies are more complex than simple departure - companies are diversifying supply chains, adjusting pricing, or relocating specific operations rather than abandoning the US market entirely ^{[4] [3]}

The framing suggests a binary outcome (stay or leave) when the reality involves nuanced business adjustments to navigate trade policy changes.