Lowy Institute report shows trust in the US has tumbled to lowest level since thinktank began polling
Archived version: https://archive.is/20250615183525/https://www.theguardian.com/australia-news/2025/jun/16/lowy-poll-2025-china-us-trump-trust
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That is indeed a problem but, speaking strictly about competitiveness, it does have it’s advantages. For example, the US really needs more strategically important goods to be manufactured at home, but that is really hard to do if market conditions favor offshoring. China can just dictate the sourcing - even in the (so called) private sector.