For 25 years capital and the manufacturing it spawns, much of the intrinsic wealth of the nation, has been leaving us.
It appears Trump has appointed a group of people to reverse that flow. Not destroy capital itself.
Our politicians have cut deal after deal and added untold regulation which facilitates that flow in exchange for favor and power.
Capital has known for decades that they can manufacture here, and that the biggest obstacle has been tax and regulation, not the cost of labor.
Study Capital Stock Adjustment Theory and Mercantilism.