It’s exactly the same story everywhere. The sum total is that all of the money is going elsewhere, resulting in a reduction in our quality of life. Yes, in theory “we” get cheaper crap at Walmart and household services, but it doesn’t begin to make up for the loss of income generally. Not a good deal for most people, yet our leaders push it more and more. Only Trump really proposes to reverse it.
The reduction is production costs moving off shore goes to increase the profit margin not the consumer.