The Trump administration has promised a reshoring boom, but most companies that responded to a Supply Chain Survey by CNBC said that bringing back supply chains could as much as double their costs. Taken together, the majority of respondents estimated that the price tag of building a new domestic supply chain would be around double (18%) or more than double (47%) current costs. Instead of moving supply chains back to the United States, it would be more cost-effective to relocate them to lower-tariffed countries, according to 61% of respondents.

Further, 63% of respondents warn that Donald Trump’s tariff policy will spark a recession in the U.S. economy this year, with roughly half (51%) expecting a consumer pullback to hit in Q2.

Over half of those surveyed (57%) said cost is the biggest factor in discouraging relocation of supply chains to the U.S.; 21% said the top challenge is finding skilled labor. The Trump administration has promised tax cuts for companies that bring back manufacturing, but the survey found that only 14% of respondents chose taxes as the biggest challenge in deciding whether to relocate manufacturing to the U.S.

Read More: Survey: Majority of CEOs Say Trade Uncertainty Will Bring Recession

A total of 380 respondents from companies in the supply chain and business organizations were included in the survey, conducted from April 7-10, with 120 respondents answering every question. The survey was sent to members of the U.S. Chamber of Commerce, National Association of Manufacturers, National Retail Federation, American Apparel and Footwear Association, Footwear Distributors and Retailers of America, the Council of Supply Chain Management Professionals, OL USA, SEKO Logistics, and ITS Logistics.

A majority of respondents (61%) who answered a question about whether they feel the Trump administration “is bullying corporate America” answered “Yes.”