In a grown up world with grown ups ruling countries and acting rationally, this would just be efficiency increase in the markets.
The US do high qualification job like engineering design, state of the art manufacturing and the such and other countries go to manufacture nuts, bolts and magnets that are mainly low qualification jobs for cheap.
But, we don't live in that world and the magnet dudes wanna wield the magnets against us and the high quali jobs dudes somehow wanna go back to making nuts and bolts.
In a grown up world with grown ups ruling countries and acting rationally, we wouldn't have let shareholders sell our Rare Earth processing to the Communist Party of China for a quick buck.
Why would the magnet dudes accept that the US gets the high quality jobs and they get to be powerless forever?
Your so called grown up world sounds like the delusion neo-liberal free market thinking that got the West here in the first place.
its a mistake to think that the US will have any kind of monopoly on 'high qualification' jobs when the social convection engine that labor powered is dead. We are becoming a nation of finance bros, vibe coders, and a growing and permeant underclass of just about everyone else. The rest of the world has caught up after the postwar era and if we want to compete, we need to cut out the cancer that is systemic massive wealth disparity.
A healthy society finds roles for all it's citizens, not just the ones with the right credentials.
> the magnet dudes wanna wield the magnets against us
It really doesn't feel like that's the case, but media and US politicians seem to have convinced the average Joe that every other country is an adversary trying to start a fight or something.