The manufacturing is unfortunately not only not returning to the US, despite efforts of 3 previous administration, but is leaving at the accelerated pace, faster than even at the "peak outsourcing."
Having no real economy, but banks, and McKinsey, while being in a such dependency on imports is a recipe for nothing good. US trade deficit has passed $70B, and we are on the route to see it pass 100 this decade because of enormous government borrowing to fight covid, and stimulate the economy.
Why it is so bad? Because, it tends to spiral out of control, when your only means to pay for basic living necessities is to spin the printing press, and kill the economy even more, precluding any chance at repayment.
People wee saying that US is facing the worst balance of payment crisis in eighties, when it just passed $10B, and the White House was in total panic. Now, fancy economists are now coming, and saying "nah, $70B is normal, we can always print more"