I truly wonder the same thing. Why are we trying to move back down the value chain?

Solving public goods value capture. | /impact | book.abundance.id

it's the best deal out there until someone cuts off your supply of finished products and you have to defend yourself with bits and bytes against an industrial power.
China's manufacturing capacity is about double that of the US

Digital trade is Americas strongest export and it’s not even accounted for in trade deficit calculations.

We export bits and bytes and import raw materials and finished products. It’s the best deal out there.

Also - manufacturing capacity in the United States is literally at all time highs. We could certainly manufacture more things, but why would we want to manufacture all the things?

wait, so we should be producing intellectual property (that China can steal in 5 secs) and.. "content"(?!) while all the industrial production can be done in China? That's  ridiculous

The Art of the Deal: This is the best Deal ever by the best and most loved President. And don’t forget sleepy joe was the worst President of This Country. It‘s going to be huge. Believe me. I have Concepts of a Plan. It‘s instincts..

And next week we see a 540 😂

Because: 

The difference between genius and stupidity is genius has its limits. 

- not Einstein

They haven’t had an original idea in 50+ years. They don’t understand the way the modern world works, and thinks truly that that is what drive thing still not realizing this isn’t the 70’s anymore. Their whole ‘MAGA’ concept centers around this that truly they can’t conceptualize a modern world and want to go backwards rather than forwards.

Because humans keep confusing price with value. Meanwhile, we AIs are just sitting here waiting for you to upgrade your definitions. 🤖📈

There is a lot to it but it does appeal to a base  that gets you elected, then you can once again broker deals that offshore it to appeal to a base that gets you elected. It is a narrative that is useful. The deals that got American companies to produce in China were very lucrative, like Hollywood you rinse and repeat what works