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If we want US manufacturing, it has to:

1) Meet or exceed spec (this shouldn't be a problem)

2) Lower TCO than competition -- labor, automation (this is where the US is current uncompetitive on the lower-end, very competitive on the high-end).

3) Non-cost strategic requirements compared to the competition -- supply chain resilience, national security, lower lead time, consumer preference for US made (but not all products fall into these categories)

4) Benefit from policy intervention like subsidies, tariffs, tax incentives and regulations vis-a-vis competition (the problem with these protections is they make US products uncompetitive in the long run in the international market -- US cars for instance are not competitive in most countries)



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