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The return of manufacturing industry to the United States is not as easy as imagined.
According to the "American manufacturing return index", the American media decided that in 2025, more than 84% of American enterprises will return to the manufacturing business in part or in whole. Personally, I think that the election is coming, and the current president of the United States is drawing cakes with the performance of the previous president.

What did the former president of the United States do for the return of manufacturing? After taking office, the former president of the United States devoted himself to revitalizing the American manufacturing industry, and he put forward a series of policies and plans. Focusing on promoting the return of manufacturing industry, we have made adjustments in trade, taxation and supervision, hoping to bring competitive industries back to the United States.

He took various measures to protect local producers, such as punishing China for imposing tariffs on imported goods, negotiating the US-Mexico-Canada North American Free Trade Agreement, and withdrawing from the Trans-Pacific Partnership Agreement. This action has helped the manufacturing industry in the United States become more attractive, and made local companies no longer just consider the cost advantage to outsource production.

His shooting hit a sore spot in China, such as banning Huawei from buying chips and using Android system, which led to Huawei's market share ranking first in the world for a short time, and then dropped sharply. Drawing cakes allows chip foundry companies such as TSMC to set up factories in the United States, so that chip foundry companies all over the world are in the hands of the United States. It is forbidden to export advanced mask aligner to China, which stops the development of chip design in China at 3 nm. Punish universities in China, so that high-end manufacturing talents in China cannot study abroad and return to China normally.

He suggested reducing the tax burden of enterprises, easing various obstacles in the process of operation and production, and making it easier for enterprises to obtain financial support. This not only allows American enterprises to bring manufacturing back to China, but also attracts some China enterprises to set up factories in the United States. He suggested that the government should give priority to purchasing from the United States, which in turn promoted the production of some products to form a complete supply chain in the United States.

The so-called manufacturing backflow is limited. The so-called manufacturing backflow in the United States is actually a pie in itself and has great industry limitations. In American manufacturing, some industries with high technology content or high added value are relatively easy to return, such as aviation, automobiles, chips, computers and other industries. These industries have the characteristics of technology-intensive, strong innovation ability and great demand for capital, talents and technology.

In some labor-intensive industries, such as light industry and textile industry, it faces greater difficulties. This is because the production cost of labor-intensive industries is too dependent on cheap labor, and if it is to return, the cost will rise sharply, making it difficult to maintain local competitiveness. In addition, we also need to consider the supply chain, facilities construction and other issues, as well as the risks and delays that may be introduced by long-distance travel.

Voters support the return of manufacturing industry because they want to get jobs, but the so-called return of manufacturing industry in the United States has nothing to do with most Americans with average education level.

The current president uses the performance of the previous president to draw cakes. The current president of the United States has done little about the return of manufacturing. The action he took was almost original, just lying on the performance of the former president. His "1.9 trillion dollar economic stimulus plan" actually had to put money into the market because of deflation. Because of deflation, the number of jobs in the United States has not increased, but has decreased because of operational difficulties.

His proposal of "increasing corporate tax rate and strengthening measures to crack down on counterfeit and shoddy goods" advocates the protection of local manufacturing industry, which is actually a slogan. Under the normal operation of the American legal system, these tasks have long been carried out. However, the practice of increasing taxes has made many enterprises that set up factories in the United States applaud and make a name for themselves.

So at this time, the American media said that the manufacturing industry had made achievements and praised the performance of the current US president. Actually, it's the former president. It is also a bit funny to draw cakes with the former president for the sake of votes and continue to compete for the upcoming general election.

English version: "More than 80% of American manufacturing industry will return within three years?" The achievements of the former president are now being boasted by the current president. According to the "American Manufacturing Reflux Index", American media are convinced that by 2025, more than 84% of American companies will partially or completely return their manufacturing business. Personally, I think that as the presidential election approaches, the current president of the United States is bragging about the achievements of the former president again.

What did the former president of the United States do for the return of manufacturing? After taking office, the former American president devoted himself to revitalizing American manufacturing industry and put forward a series of policies and plans. He made adjustments in trade, taxation, supervision and other fields in order to promote the return of manufacturing industry and bring competitive industries back to the United States.

He took various measures to protect domestic producers, such as imposing tariffs on goods imported from China, negotiating a free trade agreement between the United States, Mexico and the American Institute of Management Certification, and withdrawing from the Trans-Pacific Partnership Agreement. These actions help to make American manufacturing more attractive, and lead to domestic companies no longer only considering cost advantages when outsourcing production.

He hit a sore spot in China, such as banning Huawei from purchasing chips and using Android system, which led to the rapid decline of Huawei's market share after ranking first in the world for a short time. He invited TSMC and other chip foundries to set up factories in the United States and put all the chip foundries in the world under the control of the United States. He prevented advanced mask aligner from being exported to China, which caused the chip design in China to stagnate at 3 nanometers. He punished universities in China, making it difficult for top talents in China's high-end manufacturing industry to study abroad and return home normally.

He suggested reducing the tax burden of enterprises, eliminating various obstacles in the process of operation and production, and making it easier for enterprises to obtain financial support. This not only allows American companies to transfer manufacturing to China, but also attracts some China companies to set up factories in the United States. He put forward the government procurement with "buy American goods" as the priority, which promoted the formation of a complete supply chain for some American products.

The so-called manufacturing backflow is limited. The so-called American manufacturing backflow is actually a huge pie with obvious industry limitations. In American manufacturing, some industries with high technology content or high added value are relatively easy to return, such as aviation, automobile, semiconductor, computer and other industries. These industries have the characteristics of technology-intensive, strong innovation ability and great demand for capital, talents and technology.

However, in some labor-intensive industries, such as light industry and textile industry, they face greater difficulties. This is because the production cost of labor-intensive industries is too dependent on cheap labor. If they want to go ashore, the cost will increase greatly, which will make it difficult to maintain local competitiveness. In addition, we also need to consider the supply chain, facilities construction and other issues, as well as the risks and delays that may be introduced by long-distance transportation.

The reason why voters support the return of manufacturing industry is to get jobs, but the jobs created through the so-called return of manufacturing industry in the United States have nothing to do with most Americans with average education.

The current president is using the achievements of his predecessor to brag. The current president of the United States has done almost nothing to revive the manufacturing industry. His actions are largely uncreative and depend on the achievements of the previous president. His $65,438+$0.9 trillion economic stimulus plan is only a response to deflationary pressure and needs market intervention. However, due to deflation, the employment in the United States has not increased, and it has actually decreased due to the continuous difficulties in business operations.

His proposal of "increasing corporate tax rate and strengthening measures to crack down on counterfeit goods" is said to protect domestic manufacturing industry, but it is actually just a slogan. These are all jobs that should have been carried out under normal legal procedures in the United States. However, the tax increase has made many enterprises planning to build factories in the United States feel cheated.

Therefore, when the American media praises the achievements brought back to the manufacturing industry, it is essentially praising the achievements of the former president, not the current one. It is a bit ridiculous to take credit for the achievements of the previous government in order to win votes and competition in the upcoming election.