The most potent competitor to Starbucks (Luckin' Coffee) took a huge hit due to accounting scandals just recently. More generally Starbucks in China is consider

The most potent competitor to Starbucks (Luckin' Coffee) took a huge hit due to accounting scandals just recently. More generally Starbucks in China is considered a luxury brand (not what it is in the US). Anything manufacturing related I can see being shifted overseas. US labor is too costly compared to international labor. I think Deere and co already see the writing on the wall and are moving to diversify with autonomous capabilities. Software is not so easy to copy or we would've seen an iOS clone out of China that actually works as well as iOS.