When you go back to 80s and the 90s, all the western corporations moved their manufacturing to the far east and other developing nations because they could pay cheaper labour and still charge the same high prices and make much more profit. What the West cannot stomach now is that these countries' corporations can now manufacture products at cheaper rate and sell them at a reasonable profit so the profits are no longer flowing back into the west.
It is futile bring back manufacturing as they cannot possibly compete so as the old saying goes, "the king is dead, long live the king". The BRICK countries will bring the Western world down to the level they belong.