All you say wont matter after a dictatorships like China has all the market in addition to our factories and tech they already stole. Suckers are milking us to death. It is a crime that previous presidents allowed this to go for so long. Western rulers are to blame the same as China because they ALLOWED this to happen.The true face of capitalism. Until we stop legal bribes to our politicians via lobbying and campaign contributions corruption will remain rampant. Oh it's ok because their Chinese? Are they really so bad? Who buys their sweat shop products? No one cares about that. Oh yeah that's right, no one gets rich by eliminating sweat shops.
Your smart phone was made in China... The "security" concern is just smoke and mirrors. It's all about the money.
Now not only another culture is profiting of this, it is a psychopathic cancer struck communist regime that is milking western world to death. This is death crippling on our economies. If you dont see that, maybe you should read more about it. This is a disaster that will hit harder than our national debt.
Consumer chose to purchase foreign produced products that are of similar quality but cost less them American produced ones. That's Capitalism.
Any act that increases American production is going to involve higher prices all around. And the past 250 years or so should also show wages won't follow those price increases. So that means less "stuff" for all of us.
You're really looking at a long term economic problem: As automation and the continued drive for lower production costs continue to reduce the number of well paying jobs, what is society going to do about it? That's one reason why many countries are at least running experiments on Universal Basic Incomes. But long term? There's going to be a *massive* job crunch.
Or you can do the way Sweden has been experimenting by changing the full time work hours. Get full pay and work less hours, more get to work and little trouble for the economy.