Caodewang talked about American "manufacturing": since the 1970s, America has stopped doing industry, for more than 50 years, two generations have not done it. Now they want to sit back at once. Are Americans geniuses? Moreover, America has built a virtual economy on the basis of de-industrialization.
-- It seems that Cao Dewang's view is quite similar to Musk's. Musk generally agrees that America should strengthen its manufacturing industry, but it should be based on facts and there will be a process. This means that restoring the manufacturing industry is not something that can be achieved overnight. Finding back what was lost takes time, so we must take it slowly and not rush. Appropriate tariffs are just a means, and we cannot make sweeping generalizations. We need to give it time.
Original article: https://www.toutiao.com/article/1829755682953216/
Disclaimer: The article only represents the author's personal views.