I don't know about the US, but there is a shift towards manufacturing closer to consumers by some brands. Giant, the Taiwanese company, is backing away from mainland China, while opening a new factory in Hungary. The former eastern bloc has quite a bit of bike manufacturing going on now, helped by shorter transportation times to western Europe, as well as reduced transport costs. Mexico may play a similar role with the US, with some new facilities being built there, as companies eye the US market in the wake of tariffs on China.
You may see some made in the USA stuff at some stage in the future? Companies are terrified of US labor costs, though, and it's the same everywhere. Once thriving industries in then-developing countries that took over manufacturing a few decades ago are now seeing whole industries offshored to countries that are still developing and have dirt-cheap labor and fewer environmental protection regulations etc.