US manufacturing is an all time high and the population is still growing. China has been below replacement levels for birth rate long enough that their population is actually shrinking.
This is absurdly incorrect in the context of the article. As just one example - the US shuttered more than half of its ship building capacity after the Soviet Union fell. You cannot convert a foreign owned Toyota auto assembly plant into a shipyard. And, it would be nice if US economic stats made a distinction between manufacturing and assembly. A lot of what you call manufacturing is simply the low skilled combining of parts made overseas.
> You cannot convert a foreign owned Toyota auto assembly plant into a shipyard.
As long as it’s in the US—yeah, you can.
The US government coming in and forcibly taking control of a Toyota auto assembly plant located on US soil won't do anything to move it 320 miles down 65 from Huntsville, Alabama to the (gulf) coast. I'm no shipbuilder, but I get the impression that shipyards are typically near the ocean.
Oh, if the issue at hand is because of its physical location, then you're right, although it could still manufacture parts. I thought the GP was emphasizing the fact that it was owned by a non-US company.
The US makes almost nothing on its own and I expect you know that, and the US population would be shrinking at a suicidal rate if not for mass human labor trafficking from the 3rd world.