Isn't there also the "premium" route? Charge ~3x the price of your Chinese competitor but provide a product that:
* is well designed
* can claim to be (at least partial) domestic manufacturing
* prioritizes repairability, offering a solid warranty, long-term software updates, and spare part availability
* uses high-quality materials to ensure longevity and refuses to compromise customer safety for company profit
If society no longer values these qualities, then we don't deserve better.