Since the 1703 Treaty of Methuen giving mutual trade advantages to Portuguese wines and English woolens, countries have recognized their own expertise and costs and opted to trade rather than compete in particular markets. So regardless of what our re-elected president tells us, the facts of economic life in the modern world will not change: we will lose jobs to less expensive workers elsewhere in the world.
But all is not lost. Everyone in the design world now has the gift of foresight and can adjust career trajectories to not only avoid pain in this, as yet, mostly unaffected field, but to additionally take advantage of the situation (I have). And this is the point I make in a new AIfIA editorial, The Best Sourcing of Information Architecture.