In all fairness, most of those jobs would still exist if manufacturing was brought onshore. The fact that they were manufactured in Asia makes no difference here, except for perhaps the longshoremen that was included in "other US people."
In all fairness, most of those jobs would still exist if manufacturing was brought onshore. The fact that they were manufactured in Asia makes no difference here, except for perhaps the longshoremen that was included in "other US people."
I see the argument for things of military significance. The common one is electronic components. But PCBs manufacturing is easy to spinup quickly. Which leave the critical components like IC where the ones we'd actually need are still exclusively overseas. The TSMC factory being built wont produce the newest generation chips.
Same for agriculture, if we're totally self sufficient, what happens when a blight takes out a staple crop or two? You can't just spin up food production or global food trade the way you can with manufacturing.
Meanwhile, having robust global trade is just a less lethal version of MAD, here being mutually assured economic destruction. It's much harder for other nations to turn on you when you both depend on each other for comfort, convience, or survival. Look at how the US is being seen by the international community. The reputation we had as a strong ally and worthwhile partner has been badly damaged. Why would other nations want to help us now? How are we stronger alone, instead of having their eager support?
There are two people, one grows all his own food, and makes all of the tools he needs. He doesn't need anybody. The other works with his neighbors, they share food, he kinda knows how to sharpen an ax, but he uses the ones made by the guy down the street, who's basically a professional blacksmith, even though he introduces himself as a gardener.
which one of those guys appears stronger? Who's more likely to survive something bad happening? who do you think is more likely to win in a fight? (yes their neighbors will come to help) which one would you rather be?
I think what you're getting at is that China would have more leverage over the US if they attacked (attempted to invade) Taiwan, which they could use to make it more difficult for the US to protect Taiwan.
In that case they could do things like block some or all exports to the US until we, say, stopped escorting cargo ships in and out of Taiwan. But the notion they would "instantly cut off all exports to the US" is nonsense. There's no reason that's somehow a no-brainer post invasion.
You think they would supply their enemy? Biden said he would protect Taiwan pretty emphatically. I assume Trump would be advised of the same.