What does ‘Made in China’ mean? IPhones are ‘made in China’ but that is because the components are assembled there - due to cheap labor. But the individual components come from other countries including the U.S. (like the software). In the past if it said Made in US, or Made in Japan, that was literally true but not anymore. So on a iphone maybe $50 is from China - but $300 is counted toward the trade deficit.
On the other hand it is increasingly difficult to manufacture here - mainly regulatory costs. Most manufacturing entails using raw materials and dangerous/toxic substances and the burden in complying with these mostly oppressive, non-legislated regs has simply made it cheaper to push manufacturing off shore.
The surprising aspect to this is unions that were heavy in manufacturing and overwhelmingly supported Democrat candidates have seen their livelihoods destroyed by these very same left wing politicians in their blind devotion to environmental wackos.
On the other hand it is increasingly difficult to manufacture here - mainly regulatory costs. Most manufacturing entails using raw materials and dangerous/toxic substances and the burden in complying with these mostly oppressive, non-legislated regs has simply made it cheaper to push manufacturing off shore.IMO if their were zero, NO US regulations regarding manufacturing, the outsourcing/offshoring tide continue be unabated.
Correction: IMO if there were zero, NO US regulations regarding manufacturing, the outsourcing/offshoring tide would continue unabated.