I agree: maintain good relations but don't hand over the keys to the kingdom.
There's nothing "beneath us" with respect to manufacturing, that's just the Newspeak explanation of why all the jobs went away. Take a close look and you'll see that there aren't enough good paying white collar jobs around and a lot of good, regular people simply aren't cut out for them anyway. And if manufacturing jobs are "beneath us", apparently a lot of I.T. related jobs are, too, since they're also being outsourced.
Outsourcing manufacturing is mainly a money grab. I don't think that giving away manufacturing to the lowest bidder to increase corporate profits is in the interest of either national security or the majority of the population. The side effects are that yes, a few people in the U.S. are much better off, but also there's weaker foreign policy, fewer decent paying labor jobs, and a large number of people who are worse off. All while the competition grows richer and stronger.
I live in the Midwest and the anger and bitterness regarding the loss of manufacturing is still widespread, and the physical and economic side effects are easy to see. The folks that were shocked when Trump was elected clearly didn't realize just how many people were effected by the loss of manufacturing jobs. How else do you explain Trump carrying a heavily Democratic, pro-labor states like Michigan, Ohio and Pennsylvania?