- Basic electronics: circuit boards, USB devices, .. (China)
- Auto parts (Mexico, China, Germany)
- Generic drugs (India, China)
The reality is that the US is not the ultimate global hegemon anymore and therefore offshoring industries cannot simply be viewed through an economic lens.
Consider instead:
- Semiconductor low-end fabrication (Taiwan, Korea)
- Basic electronics: circuit boards, USB devices, .. (China)
- Auto parts (Mexico, China, Germany)
- Generic drugs (India, China)
The reality is that the US is not the ultimate global hegemon anymore and therefore offshoring industries cannot simply be viewed through an economic lens.