America is a manufacturing powerhouse

A recent Bloomberg article by Dan Wang and Ben Reinhardt had some interesting things to say about US manufacturing. Instead of high tariffs, they suggested that the US encourage foreign investment into facilities producing goods in America.  I particularly liked this paragraph:

But the more that Trump makes the country captive to his impulses—whether on trade policy, immigration or the treatment of investors—the more likely that it won’t be China that’s isolated from the rest of the world, but America itself.