Abstract: The spread of the Covid-19 has brought uncertainties to the US development,including its “re-industrialization” strategy that has been advancing in the face of challenges.To push the strategy a new high,a spotlight,the United States,in recent years,has granted it a strategic importance,and taken extreme measures,including provoking a trade war with China,and triggering a tech-war - sanctioning Huawei and other Chinese high-tech enterprises.In view of the advantages and challenges of implementing such a strategy over the Covid-19,both systematic and radical measures are conducive to the promotion of employment and the return of manufacturing industry in the short term.In the long run,however,it will increase uncertainty of the world economic development and lead to obstruction of global trade,which further increases the uncertainty of its prospects.To cope with that,China should give full play to the advantages of super large-scale market,improve the construction of industrial chain,and lay a solid foundation for a development of height and quality so as to cope with the trade pressure from the US with a wider opening-up with higher quality.In addition,we should implement industrial support policies in accordance with international rules,and further promote a deep integration of Chinese manufacturing industry into global value chain.

Key words: the Covid-19 epidemic, American re-industrialization strategy, industrial chain, anti-globalization, value chain