Unfortunately, the American consumer showed a lot of short sightedness, choosing price over their own tax base and each other's jobs. That's what made it profitable - for them.
We may have saved a few pennies in the short term, but in the long term we got unsustainable debt, an angry young generation that can't find the jobs they trained for who are being used as fodder for the left's calls for violence, and a hostile communist government in China that is actively using our consumer dollars against us. Meanwhile, we needed to raise the debt ceiling in 2024 just to pay the interest on all of the money we borrowed.
The sad part is, we could have stopped this from the start simply by choosing American made, but far too many of us didn't care.
“simply by choosing American made”
I had a rule in the early 1980s that I would pay up to a 10% premium for American-made.
The amount that was paid to grunts for a manufactured product was probably about 10%.