Yes, bring manufacturing back to USA. I hope Canada does the same. We may not have a choice, especially in regards to critical production.
At the very least, we may see a big shift out of China, something that was already happening before this virus. When this virus passes it really could be a big boon to the West as companies decide that the risk of being in Communist China is finally being acknowledged.
A bigger problem will be the loss of their domestic market. China is coming out of the crisis. The west is going into it. We wont be short of anything.
That's a valid point. However, consumption is going to be down for certain, will the West still accept the Status Quo especially on critical items?
This may be the shift the world needed. As Trump was forcing it before, it's forced again. Be it on trade with China or your southern border.
Someone posted that over 30% believe Chinas activities are an act of war and distrust of China has been rampant in Canada for about a year now. Citizens are going to be honest even when politicians and businesses are not. Anti-Communism is going to be revived. Maybe not to the level of the 1950's or 80s, but it is going to rise. With good reason.
Chinese products underpin the western standard of living. They havent stolen our trade, we sent it there . As their population gets wealthier they will stop working for peanuts and the work will shift to Vietnam and India and Africa.
These jobs really arent coming back and its crass to assume they are.
China is not the problem.Our desire for cheap shit is.
Yes, it will be moved out of China to other areas. I've suggested it should already. Governments which one supports matter.
Also, I don't think it's a matter of just wanting cheap stuff, it's also a matter of company profits. The "greed is good" mantra is fine, but, it comes at a cost.
Importing socks, underwear and pencils is one thing, but medical supplies, military applications et al? That's an entirely different ballgame.