Except for Japan, Asian countries were not industrial powers. We don’t have a major trade imbalance with most of the E7. The big imbalance is with third world countries that the USA purposely transplanted it’s industrial base to. Those Asian countries weren’t rebuilt after WWII, there were simply built up artificially. One of the most stupid things a country every did. Historically it will go done as one of biggest follies of all time.
It certainly seems like folly now (since we have to pay the unemployment piper); at the same time (and I’m not defending outsourcing, just explaining the rationale), I couldn’t imagine the cheap Red Chinese crap being so cheap if we were paying American workers to make it.