HP CEO Says He’s Considering Shifting Some Manufacturing to US

HP Inc. Chief Executive Officer Enrique Lores said the hardware maker is considering moving some of its manufacturing to the US as President Donald Trump threatens nations around the world with tariffs and presses corporations to invest more domestically.

A shift toward US manufacturing is “one of the scenarios that we are contemplating,” Lores said in an interview with Bloomberg TV on Friday. He emphasized, however, that the Palo Alto, California-based company has made no decision. He also cited challenges in restoring operations in the US.

“It is not only the assembly that we would be doing — it is ...