Yeah, this is delusional beyond belief. Most people don’t realize just how dependent on China US is today. For example:
https://edconway.substack.com/p/globalisation-is-a-far-far-bigger
Posting numbers from 2018 is an insufficient insight into the situation though as there has been reported increased decoupling following covid.
US industrial output is currently shrinking, the decoupling is just talk with no substance to it
Right because (as I understand it) the decoupling is shifting to nearshore/friendshore operations like Mexico and Japan.