Abstract:American manufacturing features the largest added value, the strongest innovativeness and themost world-leading firms. But with the quick rise of emerging economies, its market share tends to fall andunemployment rises. The US government takes revitalizing manufacturing as a means of reviving its economy andincreasing employment. It attaches importance to developing advanced manufacturing. The mining and cheap supplyof gas and oil resources gave impetus to investment in manufacturing and as a result, some American manufacturingenterprises began to relocate domestically. The revitalizing of American manufacturing has posed China with both challenges and chances for China’s trade in goods and manufacturing.