Look at the biggest software tech stocks. They generate enormous amounts from exports. Same for pharma. Same for AMD, and most of their final product is manu

Look at the biggest software tech stocks. They generate enormous amounts from exports. Same for pharma. Same for AMD, and most of their final product is manuf in Taiwan, Malaysia, and Korea. Made in X will most often be seen on clothing and cheap consumer goods. Those are low value products, produced in poorer countries. Even the iPhone is mostly assembled in China, but where do most of the profits land? With Apple.