$U.S. Steel(X)$ Indeed, from the perspective of results, Trump's move to approve the merger of $Nippon Steel Corporation(NISTF)$ and US Steel is in stark contrast to Biden's veto. Trump is more inclined to "pragmatism". As long as jobs, taxes, and manufacturing capabilities can be retained, it doesn't matter whether it is Japan or Martians behind it - he is indeed promoting "Made in the USA" in an unconventional way.
For Japan, taking advantage of this wave of protectionism, taking the opportunity to enter the US market and set up factories is a very smart external partner thinking. Rather than struggling to maintain production capacity in Asia, it is better to "localize" directly in the United States, which is in line with the US industrial policy and avoids high tariffs, killing two birds with one stone.
So your sentence "It is better to get into the interior in one step than toss around on the way to Tang Seng's journey to obtain scriptures" actually hits the nail on the head. If Trump can really "pull manufacturing back to the United States", it may not rely on American companies, but on Japanese, Korean, and even Chinese Taiwanese companies to build factories in the United States. This is very realistic.
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