The core assets that keep US hegemony alive despite their gutted manufacturing

Food (World's largest agricultural exporter) ※ Across all sectors (livestock, feed), not just specific grains.

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Military power.

Energy (Oil) - The Petrodollar system. The reason China struggles to grab global hegemony compared to the US is because they're lacking in those three areas. Specifically, China's population density is so high that they're busy just trying to cover their own energy and food needs, often resorting to exploiting others. Meanwhile, the US has such massive surplus production that they can flood the world with cheap food and energy—the literal essentials for survival—and they have the military might to back it up with threats and coercion. Even if their manufacturing is trash, the US can just play God with the financial system to 'tax' the countries acting as the world's factories. Since the US holds their lifelines, it's hard for those countries to ever really go against American hegemony.