Part 4/9:
Focusing on trade imbalance, there seems to be an increasing impetus to bring high-value manufacturing and semiconductor production back to the U.S. Although discussions often center around simple trade items like t-shirts and sneakers, the complexity reveals a deeper concern for capital goods and high-tech manufacturing. Emerging market economies have advanced, reducing the appeal of the low-cost production model previously dominant in nations like China, and aiming instead for higher-value output.