We’ve revolutionized all of our shipping, transportation and distribution systems to expedite containerized shipping.
The other big factor is that the transportation costs for the factory in China only put it at a competitive disadvantage against a U.S. factory for products that are shipped to the U.S.
For products that are shipped elsewhere around the world -- and this part of their customer base is growing much faster than the U.S. customer base -- the U.S. doesn't really have a competitive advantage over China.
True enough. But consider just like any other business model or machine, volume is one of the most important aspects that makes this (or any) thing work. Cut into the volume or flow of products by producing more domestically and the costs of operating that distribution system are going to get out of bounds rather quickly.
My point is that everything that involves products or money or trade has a number of levers and dials to control it. Hopefully, we can find people to dial in the correct settings with the goal being...Oh I don't know! How about the best interests of the American People ~the middle class?
Instead of a bunch of pocket lining political hacks like the folks who we've had running this system for about the last 40 years or so.