If you asked Adam Smith if it was a good idea for American manufacturing companies to close down their factories give/lease their machinery to a Communist Country and have their coolies build their companies product and have it shipped back into the American market with no tariffs he would have thought you daffy at the least and a traitor at the most.
Adam Smith was a believer in the invisible hand of everyone acting in liberty and in their own self interests, not in central Virginia’s man love of this magical wizard who could make it all right.