[nerdsniper]

Domestically it would seem difficult to balance "anti-involution" and "anti-trust". I think American consumers might enjoy some additional worker protections, but would also likely complain about paying artificially high prices.

China is just exercising its oligopolistic power over many of its export categories. Now that China has finally achieved >50% of global manufacturing, they are shifting towards raising prices and extracting as much value as they can from the nations they export to.