You’re right they want our factories there, so they can steal the intellectual property.
You don’t have to move your factory to China or South Korea or Malaysia or Japan in order to sell in those markets. Companies choose to do it because it makes economic sense.
How about we give companies a reason to move back home, and to encourage other foreign companies to invest here? Eliminate the corporate tax rate. Roll back all business and environmental regulations to 1995. You’ll have a mad crash rush of money, people, and businesses to the US.
Or we can take the protectionist approach and raise taxes on US consumers in an effort to punish foreign nations...