It's not advantage, it makes for artificial demand for your currency, which completely screws up all the relevant metrics and makes you unable to actually inflate the currency when getting less competitive.
It's resource curse on steroids.
It's resource curse on steroids.
Saying it’s not an advantage is to assume those in control want to have manufacturing in the US, while such noises are made there is very little action beyond capricious crony capitalism tariffs that no normal business can possibly rely on.
It seems both you and I agree that manufacturing is an essential component to war-fighting and the health of a nation, but I think it is safe to say that you and I have effectively no control over what the US does.