My only nitpick with your post is that the US does make actual products. It’s just that they tend not to be consumer goods, they tend to be high-end, highly-engineered products for markets that pay a premium for complicated or tight-tolerance systems. Think medical devices, automation systems, very-high-end computing systems, etc. some are engineered and manufactured 100% in the US, some are engineered in the US and manufactured from OUS-manufactured subassemblies or components, and some are even engineered in the US as high-end subcomponents and integrated into products manufactured elsewhere.
For example, I know a company that makes expensive, zero-failure electronic subassemblies that are shipped to Germany, where they connect a battery, put a shell around it and label it “Made in Germany” when 90% of the value of the product was made in the US.
