HF has its place, some things have an allowance to suffer in quality and some dont and one can learn from experience. A lot of sorting to do. A cheap impact is questionable, you dont need the big dollar tool truck ones but you can get a quality IR or CP for under a couple hundred, welding machines are another one where the knock off factor just doesn't work as well. Grinders take too much abuse to go cheap on, some of the impacts and end wrenches are good as well as pipe wrenches. Adjustables are getting more competitive, pliers have a way to go yet as do clamps. Half the big brand is made in china anymore might as well shop some of it for value if you cant help it.
Some of the rotary tools are a bargain, impact stuff is different and the chrome sockets have a way to go but some of the American stuff is competitive in a real way, the box stores have helped the competition. Hard to beat the sockets and wrenches. If one is shopping in comparison to SO or tool truck then the China looks even better but if you shop against Sears or box store brands then the spread is way different. A 7 or 9 piece wrench set, made in USA for under 30$ at Menards.
I think Walmart made a mistake with Stanely, the stuff is really good, 22$ for a wrench set, I would consider paying the 5 extra if made in USA. You could make a living with it, change a starter, make enough to pay for the set and have a few bucks left over vs making the first of a years payments to the tool truck.
For us the cheap battery tools wouldn't make it, it made sense to get the best. You can only make it so cheap and still make it work well (similar to welder), no way around it. But a hammer and a socket is a different story.