Australian exports to China is approx 9% of GDP. Ores slag and ash Mineral fuels, oils, distillation products Wool, animal hair, horsehair yarn and fabrics Cereals Wood and articles of wood, wood charcoal Meat Copper Salt, sulphur, earth, stone, plaster, lime and cement Pearls, precious stones, metals, coins
There isn't a year by year breakdown here but the BLS shows percentage-wise of the economy (which is far more important than pure number of jobs) in 1915 manufacturing represented 32.4% of the economy and in 2015 it was 8.7% The drop didn't happen overnight!!! https://www.bls.gov/opub/ted/2016/employment-by-industry-1910-and-2015.htm And here is a chart showing manufacturing employment for the last 10 years .... going up: https://data.bls.gov/timeseries/CES3000000001 Choose who you believe. tRump BS or his own BLS dept.
Obviously not all jobs would be shifted. Tariffs are targeted so only jobs in those categories would be looked at.
A rising tide raises all ships and like the Germans have done China can increase the market for its goods in the more than 95% of consumers outside the US. All Trump is doing is accelerating them. But her won't be there to pay the cost.
MIT economist David Autor calculated that Chinese competition cost the U.S. 2.4 million manufacturing jobs between 1999 and 2011. Clinton administration senior trade negotiators now believe that China's WTO membership only helped big businesses, not US workers. It's well-reported.
Google the WTO complaint the EU filed in 2018 against China and expanded in December. The US isn’t the only trading partner with serious concerns about unfair Chinese trade practices and IP theft.
Of course but they have the power to make consumers for their products as Germany and the US has done. The Marshall plan itself was essential to the USA's self interest. The USA got rich after the war but only by having the customers. Europe is pretty soft and being pushed away from the US so they will keep buying. There billions in non-aligned countries who would quite like a Huawei P30 and with a little help can have one. The US is important because of the voracious disposable culture, a small number of wasteful obsessive consumers. China can change the destiny for billions by exporting universities as well.
That is true I am sure. US universities will be 2nd rung within 20 years or less, that is essential to China's plan.
Which is a good thing. Many will stay after graduation. Many will return home. Competition is guuuuud! So which is it. Paranoid they are stealing our intellectual property over there or paranoid they are stealing our "intellectual property" here?