Cycles mate.

Since 1945, first was “made in Japan”. That rise of fortunes for Japanese was built on American Largesse.
Next, made in China; also built on American largesse.
Where the US stands now with India, is an unknown, but India is where the action is currently.
Who gets in first rules, evidence suggests.

Building bridges:
At the completion of a new bridge, the old bridge is demolished: Trumps aim now.
A secondary consideration is to align with Trumps stated aims of “MAGA”, looked at as the main current of US decision making at home and abroad for US policy, challenging China opwuth a trade war, is less damaging than a real war. Controlled demolition.

US manufacturing is not returning to the US, it’s moving from China to India.
Convincing the poor suckers at the bottom of the pond of his genuineness through false promises, is standard Politics.

It`s all about sincerity, DD.
When you can successfully fake that you`ve got it made.

ateday

The intrigue with it all now, is but a mist that will be cleared away in four years time with a Democrat Administration.
Politics is all about demolishing bridges and rebuilding new ones. Totally negative!

The West is doomed to fail like the Roman Empire, with rule by 24 Emperors: Going to be a rough ride, hang on tight.

Shoulda listened to the black bloc shoudnt you.
Too late to whine now. The capitalists have you by the balls.

mikk

I excuse your ignorance, and not for a minute do I hold it against you.

black bloc,
milk,
On the subject of ignorance, what is black bloc ?

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The first time Trump imposed tariffs on Chinese goods in 2018, it set off a scramble (among manufacturers who had long relied on China) to start looking for other options.

The first wave hit companies manufacturing appliances like refrigerators and washing machines, as well as mechanical and electric parts. They transferred factories to Thailand and elsewhere in Southeast Asia.

Next was renewable energy. The U.S. tariffing goods like solar panels also motivated Chinese companies to expand their supply chain in Vietnam, Thailand, and even Cambodia.

In the last months of Biden’s administration, the U.S. also put tariffs on goods imported from Southeast Asia, which destroyed investment there. So solar panel companies suspended operations or exported their products to other countries.

Under pressure from the U.S., some of the principal manufacturers of solar panels are now moving their production lines to the U.S.

Other companies are moving their production into countries that are not on the anti-dumping or countervailing tax lists of the U.S. Some are moving to Indonesia. Saudi Arabia and the Middle East have also become attractive. Some are moving to Oman and Egypt.

For electric vehicles, with Europe putting taxes on Chinese EVs of 10% to 30%, alternative examples are Chinese automaker BYD building a factory in Hungary. The Chinese EV company, Chery, is acquiring a former Nissan factory in Spain. Geely is signing a joint venture with Renault in France.

Since the 1990s a lot of U.S. manufacturing moved from China to Vietnam when labour in China became more expensive. Today, Vietnam has a $100 billion trade excess with the U.S., and China is still the main export country to Vietnam. This means that Vietnam has a trade deficit with China, and the U.S. has a trade deficit with Vietnam. The U.S. is aware of this diversion for Chinese goods to reach the U.S. Vietnam may be obliged to build a stand-alone supply chain to satisfy the U.S.

Taiwanese manufacturers are transferring some operations from mainland China to Vietnam on a trial basis, keeping their options open to transfer elsewhere if necessary.

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