I don't think this is an accurate characterization. The US still has massive manufacturing output, that's still growing, and recently reached a record high.[1]

I don't think this is an accurate characterization. The US still has massive manufacturing output, that's still growing, and recently reached a record high.[1] The US still imports a lot of manufactured goods, but that's a consequence of it being competitive in many other service-fields such as software, entertainment, financial services, corporate management, and healthcare technology. China may assemble the iPhones, but America is designing and coding them. To me that makes it seem like China is the much more co-dependent party in the relationship than the US. [1]https://www.nam.org/state-manufacturing-data/2019-united-states-manufacturing-facts/ https://www.nam.org/state-manufacturing-data/2019-united-sta...