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Possibility of US reindustrialisation deserves its own thread. I just don't think it's achievable to a sustainable level in 5 years.
Trump's endgame is not re-industrialisation. He's going for Bretton woods 2.0
Plastic injection and stamping is India/Bangladesh level of manufacturing
You cannot simply compare those with higher value manufacturing. Supply chain for the thousands of components for a laptop alone is complex to set up.
This point I am in agreement with you. Seems he is going for a global Plaza Accord or Bretton Woods 2.0 kind of arrangement. US needs to save the Dollar. So it could be a local currency peg to USD agreement in order to access the big US market.
This I think will be difficult. You can see from...
As I said, they used a formula based on trade deficit
https://www.straitstimes.com/world/united-states/trumps-reciprocal-tariff-formula-is-all-about-trade-deficits
https://www.ft.com/content/85d73172-936a-41f6-9606-4f1e17cb74df
The other countries did not put tariffs on America. The second column was calculated using a ah neh formula based on USA's trade deficit with its trading partner
https://www.ft.com/content/85d73172-936a-41f6-9606-4f1e17cb74df