I agree that we need a level playing field. There could be certain cost advantages in the US as well. However, history has shown that those generally aren’t enough to offset the lower cost of labor. Without something like a tariff that brings the cost of foreign labor up to our level, it’s doubtful the price of our products would be competitive in many cases. If that were the case we would not have lost much of the manufacturing jobs that we have. And even that only addresses products sold in the US. Many companies sell globally so the price of the product has to be competitive globally or the company manufacturing it won’t be around very long. I just don’t think there is an easy answer.
The United State lost a LOT of manufacturing jobs due to taxation in the United States. I can go into the macro and micro reasons very deeply but my typing patience has its limits, suffice it to say the push toward globalism...even from within the United States was taken far to the ridiculous to where the United States has funded globalism with United States tax payer dollars.
China is a direct by-product solely due to United States funding them into solvency and in return the United States paid them for them raping us. I really would like to go further and I can almost do that country by country and regulation by regulation. The United States owns the cards, the table, and the money but they gave it away for free. I must stop now.