Nope.
1: How would you know what the US government is up to? Your secret courts are secret.
2: The Chinese government is not Communist. Not even close, despite the name.
3: The "cornering" of the component and raw material supply lines was done with the active help of all the western companies who are also profiting from the situation.
Phone manufacture is not coming back to the West, because those same companies don't want to pay reasonable wages.