This is a joke!, page-117

Yes, partly true.
However, Chinese companies have reached technological advances to rival US companies in lucrative markets: Robotics, high tech machinery, AI/software, engineering, etc.
These are lucrative product export markets that very few countries have technology to produce on their own.

You wanna build high tech power plant, railway, need robotics for new factory, etc.
10-15 years ago you would have US, Germany, France company bid for contract.
Now you also have 2 Chinese companies.
You are invested in company that sells lithium to Chinese owned companies for their EV revolution.
Think about that!

20 years ago, you would be right thinking China ships products to USA that are made by cheap labor but owned by US conglomerates.

Trump is fighting to preserve non-level playing field US companies had since WW2, the source of US wealth.
The technological, economical and political dominance that gives US companies and US economy it's wings.
Not trying to stop cheap T-shirts from China.

But like you said "we will see what comes out of all this tough talk"