Lord Melton's post has nothing to do with Chi-Fi. Just for the record, I was worse off under the prior administration. Even my paltry 2017 tax cut has expired.
Now for on-topic: My "American" branded Revel speakers are owned by a S. Korean conglomerate and manufactured in the PRC. My "Japanese" branded Rotel CD player was manufactured in the PRC. My "English" branded Cambridge Audio amp was manufactured in the PRC. My only non-Chi-Fi components are a 1978 vintage Philips turntable, made in Belgium, and a 1982 vintage Luxman tuner, made in Japan.
Who ultimately pushed for relaxing trade and manufacturing barriers? Western capitalists. Who suffered as a result, western workers. Who were the ultimate deciders? Western consumers. Now there are Chinese components in everything from Rolls Royces to $25 desktop chip amps. The interplay between the the Chinese and US economies is now equivalent to the "Balance of Terror" there used to be between the US and the USSR during the cold war.