American Firms Seeking Less Reliance on China Look to India

Over the last several years, the economic climate within the United States has significantly deteriorated. Since the 2020 covid-19 pandemic and the irrevocable economic damage that the government mandated shutdowns across the nation caused to many small businesses and middle class citizens, the nation has truly never been the same. Many progressive and Democratic politicians across the Nation have claimed to be champions for the middle class, these same politicians supported massive lockdowns several years ago which only enriched multinational and mega corporations at the expense of small businesses and average citizens. Following the inauguration of Joe Biden in January 2021 rampant inflation gripped The American Nation and continues to be a persistent problem. It is estimated today that about 60% of the country is living on a paycheck to paycheck basis. 

As average Americans struggle to pay their bills, consumer credit card debt reaches record heights, and wages remain flat and stagnant, America’s major corporations continue to look overseas for increased manufacturing industrial capabilities. Since the 1990s, the United States has lost millions of stable, well paying manufacturing and industrial jobs across the nation. Free trade and globalist economic agreements removed many tariffs and restrictions on American companies that incentivized them to keep manufacturing and labor operations domestic, and outsourcing has crippled the American working class.¬†

The nation of China, a communist country and a major threat to the dominance of the United States on the world stage, continues to grow in economic power. Many American companies, however, are beginning to be wary of the Chinese, and realize that they are extremely economically dependent on the country. Many firms are looking to India, a developing country in Asia neighboring China, for expanding manufacturing  operations. Ultimately, not many American companies are acting in the best interest of their citizens. It is unlikely that American manufacturing will return to domestic dominance. Regardless, many Americans remain hopeful that change will come soon.