We are witnessing a massive geopolitical event. This could be a chance for the U.S. to reassert it's global hegemony - China has been brought to its knees over this virus, and a critical weakness of globalism has been exposed, the dependence that comes with offshoring too much production. This could drive the return of manufacturing jobs to the U.S. Rumors abound in China about party members openly criticizing the go…
What happens if the next viral outbreak occurs in the US? How is putting factories in one arbitrary geographic location any safer than putting them in another arbitrary location? If anything, this isn’t an argument against offshoring, it’s an argument for offshoring your factories across as many different countries as possible so you have less concentrated exposure to a specific country.
> it’s an argument for offshoring your factories across as many different countries as possible so you have less concentrated exposure to a specific country
That isn't entirely incorrect, but it still pays to have reserve domestic capacity, not just for events like this virus but to limit the power that other nations have over the U.S. in any case it's good that we're likely to reduce reliance on China after all of this is over.