> Getting into a kind of cold war with China will lead to an actual war.
China does not want that, and we don't want to go to war with them either. MAD makes this an extremely unattractive option.
> It will take years to retool our economy.
No it won't. We're already manufacturing more high-skill goods domestically than at any point in our history, and now we have an opportunity to expand upon it.
We can replace China with manufacturing in Vietnam, India, Mexico, Ethiopia, etc. and own the factories. China is already starting to shift expensive manufacturing out with One Belt One Road, but we can do the same with even more immediacy and effectiveness.
India, Viet Nam, and Taiwan are itching to further distance themselves from China.
There's no reason we can't be at the top of the manufacturing game worldwide in fifteen years. Especially if we use trade as a means to get partners on board. The G7 would do it.
This is sadly quite ridiculous. The US can't move production out of China through sheer will power, and China is incredibly dominant in production in many industries -- the know-how simply doesn't exist in the US.
It doesn't need any of that. Automation will take care of most of manufacturing. The issue is, and always has been, redistribution of economic gains. China is a convenient red herring.
China does not want that, and we don't want to go to war with them either. MAD makes this an extremely unattractive option.
> It will take years to retool our economy.
No it won't. We're already manufacturing more high-skill goods domestically than at any point in our history, and now we have an opportunity to expand upon it.
We can replace China with manufacturing in Vietnam, India, Mexico, Ethiopia, etc. and own the factories. China is already starting to shift expensive manufacturing out with One Belt One Road, but we can do the same with even more immediacy and effectiveness.
India, Viet Nam, and Taiwan are itching to further distance themselves from China.
There's no reason we can't be at the top of the manufacturing game worldwide in fifteen years. Especially if we use trade as a means to get partners on board. The G7 would do it.