You need an educated, skilled and plentiful workforce for global manufacturing.
US has taken concrete steps in the last 100 days to reduce all three.
US has taken concrete steps in the last 100 days to reduce all three.
https://en.m.wikipedia.org/wiki/Pollution_haven_hypothesis
A political/diplomatic example is rebuilding the Japanese Steel industry after WWII so they could regain self sufficiency. Until we decide to shoot ourselves in the foot hard enough we’ve had a consistent trading partner in high quality steel ever since.
The current “strategy” is painful because it has the weight of the past 60-70 years working against it.
https://en.wikipedia.org/wiki/Marshall_Plan
https://en.wikipedia.org/wiki/Reverse_Course
This isn't some retroactive attempt to justify something. This was the actual policy at the time.