Tariffs are back at the top of the agenda, and this time the focus is on imports tied to forced labor concerns. With the U.S. proposing duties of up to 12.5% on goods from 60 economies, domestically focused manufacturers have fresh attention from investors looking for companies less exposed to complex global supply chains. This article examines how the new tariff proposal could influence sentiment around U.S. Domestic Manufacturing stocks and highlights 3 stocks from our screener that appear positioned to be positively exposed to this policy shift.

EnerSys (ENS)

Overview: EnerSys is a US-based manufacturer of industrial batteries and stored energy systems that power telecom networks, data centers, factories, warehouses, trucks and defense applications worldwide through its Network & Infrastructure, Industrial Mobility and Precision Power segments.

Operations: EnerSys generates most of its roughly US$3.8b in revenue from Energy Systems (US$1.7b), Motive Power (US$1.4b) and Specialty solutions (US$665.1m), with a little over US$2.4b coming from US customers and about US$1.4b from foreign markets.

Market Cap: US$8.3b

For investors tracking the shift toward U.S. domestic manufacturing, EnerSys stands out as a large home-grown supplier of industrial batteries that already produces largely in region for region. It also has an internal tariff task force focused on keeping a roughly 22% U.S. sourcing exposure under control. Growth in data centers, electrified warehouses and defense programs is feeding demand for its lithium and lead-acid solutions. At the same time, cost programs and acquisitions are aimed at lifting margins, even though recent profit margins have eased and organic growth has been patchy. External borrowing raises funding risk, and a lithium cell factory remains on hold, so EnerSys offers a mix of structural tailwinds and execution questions that rewards closer inspection.

EnerSys could be an underappreciated way to play reshoring, with data centers and defense quietly reshaping its story, while margins and sourcing still raise questions. Get the full picture in the analysis report for EnerSys

Crocs (CROX)

Overview: Crocs designs, makes, and sells casual footwear and accessories for men, women, and kids under the Crocs and HEYDUDE brands, offering clogs, sandals, sneakers, boots, and bags through wholesalers, its own stores, outlets, and online channels worldwide.

Operations: Crocs generates most of its roughly US$4.0b in revenue from the Crocs brand at about US$3.3b, with the HEYDUDE brand contributing around US$693.2m.

Market Cap: US$5.9b

For investors watching tariff headlines, Crocs is an interesting case because management has already been planning around higher duties, talking openly about potential annual cash costs of US$45m to US$130m while shifting sourcing and cutting at least US$50m in expenses. At the same time, the core Crocs brand is leaning into direct to consumer growth, social commerce like TikTok Shop, and international expansion. The HEYDUDE turnaround and high debt levels keep risk firmly on the table. Recent analyst upgrades and buyback activity illustrate how divided views are on the stock, which is why the full story on margins, tariffs, and brand momentum deserves a closer look before any decisions.

Crocs’ tariff playbook, cost cuts, and brand push are all moving at once, yet the market debate is still intense. See how those threads fit together in the analysis report for Crocs

Amprius Technologies (AMPX)

Overview: Amprius Technologies develops and sells high energy density lithium ion batteries using silicon anode technology, primarily for aviation uses such as drones and high altitude platforms where lighter weight and longer flight times are critical.

Operations: Amprius Technologies generates about US$90.3m in revenue from its Battery Business, with roughly US$62.8m from EMEA customers, US$15.9m from North America, and US$11.5m from Asia Pacific.

Market Cap: US$1.8b

Amprius Technologies sits at the intersection of advanced battery tech, defense and drone adoption, and now potential tariff tailwinds as customers look for trusted suppliers. Its silicon anode batteries are already gaining traction in high value aviation and defense projects, and management has been expanding manufacturing capacity while keeping a global footprint that is less exposed to import duties. At the same time, the company is still loss making, trades on a rich sales multiple, and relies on external funding and fresh equity, so execution on scaling and margins really matters. For investors watching how U.S. tariff policy and domestic manufacturing priorities might reshape high end battery supply chains, this combination of opportunity and execution risk may make Amprius a candidate for further research.

Amprius Technologies focuses on high energy batteries, but the core issue is how its growth ambitions compare with its funding needs and scaling risk. See how that balance looks in the analysis report for Amprius Technologies

The three stocks in this article are only a starting point. Our full U.S. Domestic Manufacturing U.S. Domestic Manufacturing screener surfaces 16 more companies that pair domestic footprints with equally compelling business narratives. Use Simply Wall St to identify, filter, and analyze the specific catalysts and stories that matter to you, so you can focus on the highest conviction ideas in this theme.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.