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First of all, once factories leave China, they don’t go back. China’s wage is already at a level similar to Mexico, and is more expensive than Southeast Asia.

Second, both Democrats and Republicans leaderships are anti-China. Chuck Schumer, senate minority leader and a democrat, told trump to “hang tough” on the Chinese tariffs. Bernie Sanders slammed joe Biden when Biden made a remark about how China isn’t a threat.

Relevant: trump is raising tariffs on $200B Chinese goods to 25% this Friday, and coming soon, 25% on additional $325B Chinese goods as well.

This is the disengagement of US economy with the Chinese economy as we speak. No more IP theft, no more US factories for China, no more knowledge transfer, no more opioids from China.

Perfect timing, what with US growing healthy at 3% and wage growth, and China suffering from debt overload and demographics decline