https://fred.stlouisfed.org/series/C307RC1Q027SBEA
US Factory build out investment increased from $80B/year to $240B/year under Biden.
Trump's economic policy has managed to undo $30B of that so far, and the trend is accelerating.
One theory is that we’ll starve China for oil, so their navy won’t be able to hold Taiwan. (Projections show the US losing a war like that badly due to them have orders of magnitude more naval yards than us.)
Anyway, while enumerating all the ways in which that is a dumb plan, it occurred to me that the intentional slowdown in EV and solar uptake in the US is turning a manufacturing gap into an actual present day strategic gap.
China imports a lot of oil, but, as a percentage of their economy, they are way less dependent on fossil fuels than us, and tariffs on solar/batteries are basically equivalent to us shipping them free energy production and distribution infrastructure.