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This came from the comment section in an Internet article about American cars and where the parts are made.

It's quoted directly - Feb. 2017

Globalization is complex, and most of us haven't made it the subject of research projects. Where domestic manufacturing is concerned, one can imagine simple scenarios that have played out many times over recent decades. How many times has something like this happened?

1) Consumer goes to Home Depot, chooses between $5 wrench made in China, and $9 wrench made in US.
2) Consumer buys cheaper $5 Chinese wrench (multiply event thousands of times).
3) US wrench factory closes due to poor sales, resulting in unemployed wrench factory workers.
4) US wrench factory workers with zero income can't afford $5 Chinese wrench.
but he has himself convinced his job is coming back.

5) Chinese company raises price of wrench to $9.


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