I think decoupling is the right word. These south East Asian countries were unindustrialized nations before the hundreds of billions of foreign direct investment and hundreds of billions of intellectual property that transferred from the West to the East.
America exported its manufacturing know how for decades, and now it is taking it back as the trade is no longer as favorable. Seems rational to me. SE Asia came out a huge winner in the process, and now the time has come to stand up their tech and manufacturing in their own.
Much ado about nothing imho.