I’m confused about who will make our stuff if we decouple from China. As far as I can tell (trying to order advanced parts in smallish quantities), anyone other than China is a ~10x price difference? I have to assume labor cannot fully explain this, but I have yet to see anyone seriously trying to onshore cheap manufacturing?
Automation, scale, locality which comes from scale.
By locality I mean having an expert or a whole company on a very niche thing effectively as your neighbor. Main reason why it is so hard for Apple to leave China.
