"That's simply false. Most of the products manufactured in China were (and still are) designed in the U.S. or Europe. "
No. Most electronics manufacturing moved to China by the mid 90s and it wasn't long before the design jobs went there too. I spent 20 years as a circuit designer. By the late 90s, most of those jobs were disappearing. I switched to software.
"America has NO shortage of graduates in the sciences or tech workers."
Now that I agree with.