The problem with Chinese products to the USA economy, is not that their goods are so cheap, but that a lot of them are very good.
In the early 1970s, India made a push to enter the American market with “Made in India” tools and equipment. They used castings where they should have used forging; they used nondescript steels of unknown origin, but they plated everything with a gorgeous layer of chrome.
The tools looked great and were priced great, but they fail catastrophically when in use.
A friend of mine bought a pintle hook that was made in India and looked great and was cheap. But the casting (it should have been a forging) cracked on the first bump in the road. Luckily he was on flat ground or his stump grinder would have rolled away.
So the problem with Chinese goods for western manufacturers, is not the low price. It is the low price mated with some pretty good quality.
