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> Of course. I don't think many saw coming that we wouldn't be on friendly trade terms with Mexico and Canada.

My point is that near-shoring is the obvious thing to do under the rationale you're talking about, but actually wouldn't show up in that chart.

Here's a comparison of the US vs Europe (which experienced similar China shocks):

https://www.atlanticcouncil.org/blogs/econographics/the-ira-...



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