The U.S. media, according to the "U.S. Manufacturing Return Index" is certain: the United States will realize more than 84% of U.S. companies partially or completely back to their manufacturing operations in 2025. Personally, I think that with the election coming up, the current U.S. president is again taking the former president's track record and painting a picture.
What did the former U.S. president do for the return of manufacturing?The former U.S. president came to power and worked to revitalize the U.S. manufacturing industry, and he proposed a series of policies and programs. Around the promotion of the return of manufacturing, in trade, taxation, regulation and other aspects of the adjustment, hoping to re-introduce competitive industries back to the United States.
He has taken a variety of tactics to protect homegrown producers, such as penalizing Chinese imports with tariffs, negotiating the U.S.-Mexico-Canada North American Free Trade Agreement (NAFTA) and withdrawing from the Trans-Pacific Partnership, among others. These kinds of actions have helped make U.S. manufacturing more attractive and have led to a shift away from outsourcing production to local companies with only cost advantages in mind.
He's gunning for our pain points in China, such as: banning Huawei from buying chips, banning Huawei from using Android, and causing Huawei to plummet after briefly being No. 1 in the world in terms of market share. Drawing a pie for TSMC and other chip foundries to build factories in the U.S., so that all the world's chip foundries are pinched in U.S. hands. Banning the export of advanced photolithography machines to China, resulting in the development of Chinese chip design, stopping at 3 nanometers. Punish Chinese universities, so that China's high-end manufacturing talent can not go abroad to study and normal return.
He proposes to reduce the corporate tax burden, ease the various obstacles in the operation and production process, while making it easier for companies to obtain financial support. This has not only allowed U.S. companies to repatriate manufacturing to the country, but has even attracted some Chinese companies to build factories in the United States. He put forward the government procurement of the United States first, which in turn prompted part of the production of products in the United States to form a complete supply chain.
The so-called manufacturing reflux has limitationsThe United States of America's so-called manufacturing reflux in fact itself is a big cake, there is a great industry limitations. In the U.S. manufacturing industry, some high technology content or high value-added industries are relatively easy to return to the flow, such as aviation, automobile, chip, computer and other industries. These industries are characterized by technology-intensive, strong innovation and high demand for capital, talent and technology.
And in some labor-intensive industries, such as light industry and textile industry, they face greater difficulties. This is because the production costs of labor-intensive industries are too dependent on cheap labor, and if they were to return, the costs would rise significantly, making it difficult to maintain local competitiveness. There are also supply chain and facility construction issues to consider, as well as the possibility of introducing risks and delays over long distances.
The reason voters support the return of manufacturing is that they want jobs, but the so-called manufacturing return that the US is engaged in produces jobs that actually have nothing to do with the majority of Americans with average levels of education.
The current president takes the former president's performance to the pieThe current president of the United States in the manufacturing industry to return to do almost nothing, he took the action of almost no creativity, is lying on the former president's performance. His "1.9 trillion dollar stimulus program" is actually because of deflation, had to put money on the market. Because of deflation, not only did American jobs not increase, but they decreased because businesses were struggling.
His proposed "measures to raise the corporate tax rate and strengthen the fight against counterfeit and substandard goods" are said to protect the local manufacturing industry, but in fact it is a slogan, the United States under the normal operation of the rule of law, these efforts would have to be carried out. However, the practice of tax increases, so that many enterprises to build factories in the United States called on the bait.
So, at this time, the U.S. media said that the return of manufacturing has been effective, singing the praises of the performance of the current U.S. President, in fact, the former President. For the sake of votes, take the former performance of the pie and the former president, continue to compete in the upcoming election, is also a bit funny.
English version: "Over 80 percent of US manufacturing will return in three years?" The achievement of the former president is now being boasted about by the current president.According to the "US Manufacturing Reshoring Index," U.S. media is convinced that over 84% of American companies will partially or fully Personally, I think that with the presidential election approaching, the current U.S. president is boasting about the achievements of the former president. boasting about the achievements of the former president again.
What did the former U.S. president do for the reshoring of manufacturing?After taking office, the former U.S. president was able to get his hands on a new job.
After taking office, the former U.S. president was committed to revitalizing American manufacturing and proposed a series of policies and plans.
After taking office, the former U.S. president was committed to revitalizing American manufacturing and proposed a series of policies and plans.
He took various measures to protect domestic producers, such as imposing tariffs on Chinese imports, negotiating the USMCA These actions helped to make American manufacturing more attractive and led domestic companies to take on a new role in the United States. These actions helped to make American manufacturing more attractive and led domestic companies to no longer only consider cost advantages when outsourcing production.
He hit the pain points of China, such as prohibiting Huawei from purchasing chips and using the Android system, which caused Huawei's market share to decline rapidly after briefly ranking first in the world. He invited TSMC and other chip foundries to build factories in the United States and brought all chip foundries in the world under America's control. He invited TSMC and other chip foundries to build factories in the United States and brought all chip foundries in the world under America's control. He prevented advanced lithography machines from being exported to China, causing China's chip design to stagnate at 3 nm. He prevented advanced lithography machines from being exported to China, causing China's chip design to stagnate at 3 nm. He punished Chinese universities, making it difficult for top-notch talent in China's high-end manufacturing industry to study abroad and return home normally. He punished Chinese universities, making it difficult for top-notch talent in China's high-end manufacturing industry to study abroad and return home normally.
He proposed reducing corporate tax burdens, eliminating various obstacles in the operation and production process, and making it easier for businesses to obtain financial support. This not only allowed American companies to reshore manufacturing domestically, but also attracted some Chinese companies to build factories in the United States. He proposed government procurement with "Buy American" priority, which He proposed government procurement with "Buy American" priority, which promoted the formation of a complete supply chain for some products in the United States.
The so-called reshoring of manufacturing has limitations.The so-called reshoring of manufacturing in the United States is actually a big pie with significant industry limitations.
The so-called reshoring of manufacturing in the United States is actually a big pie with significant industry limitations. In the US manufacturing sector, some industries with high technology content or high added value are comparatively easy to reshore, such as aviation, automotive, semiconductor, computer and other industries. These industries have characteristics such as technology intensity, strong innovation ability, and large demand for capital, talent, technology, etc.
However, in some labor-intensive industries, such as light industry, textiles, they face This is because the production cost of labor-intensive industries is too dependent on cheap labor. If they want to reshore, the cost will significantly increase, which will be a major obstacle to the development of labor-intensive industries. If they want to reshore, the cost will significantly increase, which will be difficult to maintain local competitiveness. In addition, supply chain, facility construction and other issues need to be considered, as well as risks and delays that may be introduced by long-distance transportation.
The reason why voters support reshoring of manufacturing is to obtain job opportunities, but the jobs created through the so-called reshoring of manufacturing in the United States actually have nothing to do with most of the jobs created through the so-called reshoring of manufacturing in the United States. States actually have nothing to do with most average-educated Americans.
The current president is using the achievements of the former president to The current president is using the achievements of the former president to boast.The current President of the United States has done almost nothing to bring back manufacturing, and his actions have been largely uncreative, relying on the achievements of the former president to bring back manufacturing.
The current President of the United States has done almost nothing to bring back manufacturing, and his actions have been largely uncreative, relying on the achievements of the former president. His $1.9 trillion economic stimulus plan was simply a response to deflationary pressures that required market intervention. However, due to deflation, employment in the United States not only did not increase but actually decreased due to ongoing difficulties in business operations. However, due to deflation, employment in the United States not only did not increase but actually decreased due to ongoing difficulties in business operations.
His proposal to "raise corporate tax rates and strengthen measures to combat counterfeit goods" is These are works that should have been carried out under normal legal procedures in the United States. However, the practice of raising taxes has left many enterprises that intended to build factories in America feeling deceived. However, the practice of raising taxes has left many enterprises that intended to build factories in America feeling deceived.
Therefore, when the American media praises the effectiveness of bringing back manufacturing, they are essentially singing the praises of the achievements of the former president, not the current one. Claiming credit for the achievements of the previous administration in Claiming credit for the achievements of the previous administration in order to win votes and compete in the upcoming election is somewhat ridiculous.