There’s competing factions in the US deep state right now. Some more invested in US hegemony are trying to force reindustrialization because they are starting to realize that finance capital has been eating away at the core productive forces required to project real military power abroad. Other factions resist this, as it cuts into the immediate profit margins, and so they awkwardly fight.

The appearance of being tough on China, and possibly short term profits. If Chinese goods become prohibitively expensive, then consumers will have no choice but to turn to American (or perhaps other countries’) goods which will benefit those companies. These profits, positive reception from muh mom and pop shops and big domestic brands like Ford and co., and the optics might prove meaningful for the bird brained democratic voter.

But so many of these companies rely on Chinese supplies. The US sucks the cocks of ‘farmers’ so hard that they might as well build a milking facility. If they’re unable to source elsewhere at comparable prices, they will force the government to walk back on these policies. So far they have been able to survive’s Trump’s tariffs, but Biden is being even more brazen.

they're decoupling in preparation for war. not meant to be a snarky or sarcastic comment, it's just that simple.

And does the EU have this problem?

Yes, even harder than America, but the sole reason is because USA wants to cut Europe from any geopolitical alternative and thus the EU compradors cut off from Russia, causing serious crisis, and for example in Poland we hear talk about taxing Chinese imports more and more. Thing that stops them somewhat is the fact that nearly everything sold in EU including all the treats, are made in China.