I have friends who were on the forefront of electronic manufacturing since the early 2000s. One of the things they have been consistent about is that outsourcing to China gets all of your IP stolen. The CCP will pressure your company to pick a local partner company, then train them up to do the work. They will be running knock-off copies out the back door using the same skills, equipment and training that you have paid for.

Outsourcing to India is worse, but for different reasons. The factory in India explained that they had to buy parts from a certain supplier, because they had a relationship with them. When it was pointed out that the parts were stub-standard, did not pass QC and would require the entire production run to be scrapped, the Indians basically didn't care. They would rather maintain their relationships and get their kickbacks than do useful work.

South America has been much better. Mexico is okay, as long as it is close enough to the border.

All of these extended supply chains are going to fall into a screaming heap if the price of diesel fuel keeps going up. Saving three dollars on a part is useless if shipping costs seven dollars.