One of the other things that is often overlooked, if it's known about at all, is the fact that a company that manufactures something outside the U.S.A. and wants to import it doesn't have the same costs to build it that an American company does if they want to build it here, and that product isn't taxed when it is brought into the country. If it were, the playing field would be level, but it's not. The result is, as you point out, it becomes impossible for American companies to compete. Add to this the huge import duties of American-made products that other countries levy, and the problem is made even worse.

The bottom line is that no country can survive unless it can make and grow what it needs - anything less than that, and they become slaves to their suppliers, be they overseas corporations or foreign governments, etc.

This has been a long time coming, but is accelerating and is probably unstoppable, barring a major war that would force America to bring manufacturing, etc., back home.