Comment by axegon_

The true and sad truth is that manufacturing can be moved anywhere but the people that keep parroting about it's importance are in complete denial about the primary issue: costs. These costs have very little to do with infrastructure and building factories or logistics. Those are a contributor, sure, but that only scratches the surface. While China has seen insane growth in the last 20 years, that growth is at the expense of workers. No doubt they have a lot of value in terms of skills(which take a long time to acquire) but you also need to remember that there is a difference between the significance of working in Asia and Europe/north America. To us Europeans (and North Americans) work brings stability and security. In Asia, work is the difference between life and death, regardless of how skilled you are-you are legally expandable. Does anyone seriously believe that iPhones will be made in the US? The basic salary at foxconn is just under 320$/month or $1.81/hour. That is around 10x less than the US. This is ignoring the atrocious working conditions and far above the 40 hour work week. If we do factor in that as well, the difference is likely in the 25-30x range. I come from a country with a minimum hourly wage of around $3.6, let me tell you, as soon as the clock hits 18:00, people will drop everything where they stand and go home. The only way to compete with China is to automate everything and let machines do all the work, which is not a terrible idea but also nearly impossible to achieve. And even if you spend two decades doing all that, there are costs to all the R&D to get there. No one is going to buy a $15k iPhone, nor will they buy a $20K laptop. A logo that says "Made in X" won't justify the price. This comes from someone that uses a dual-xeon workstation as a personal computer.

Here's another example: a market that has been completely dominated by China: consumer drones. Believe me when I say this, I hate DJI and while I have one, I refuse to use it because of all the security implications. How many European and US companies are competing with them? Quite a few actually but the big names off the top of my head are Parrot and Skydio. I own both a Parrot and a Skydio and the quality of both is amazing. Yet they are still barely keeping up with DJI and at 5x the cost despite the demand - DJI still holds 90% of the market share. I can justify the price because of my privacy concerns but that's 1/1000 people. For most people it's always going to be a trade-off between price and quality+privacy.

If you want to enforce all that through tariffs, just put 5000% tariffs so that the local manufacturing cost will be the same as the cheap import and you solved the problem. How many people will be willing to spend 100 bucks for a pair of socks? That's a different story. The soviet union attempted something similar for several decades while trying to copy western technology. Anyone that knows a bit of history can tell you how that ended. Spoilers: not a success story.