So what is new and what is the problem with Craftsman tools being made in Taiwan?
It is nothing new. HELLO WORLD. LOL
The Taiwan and Japan made craftsman were a historical thing, that were for a short time and are interesting to tool foamers. They got the message (from dissatisfied customers) and went back to US manufacture. They were not bad tools, but arguably not as good, and besides, people wanted US made tools from the traditional supplier which is their right as customers.
The China current ones are, from what I can gather, decidedly inferior merchandise. That is one major complaint.
Make no mistake, the Chinese CAN build an excellent tool. China is not one monolithic uniform structure, there are millions of factories over there owned by millions of people with widely varying capabilities. On the whole,though, an American company going over to China is usually there for one reason: cheapest possible cost.
Unlike Europe or Japan, China does not have a tradition of high quality craftsmanship. It is a rapidly and awkwardly changing society of a billion people, with some good qualities, but some significant challenges too. One is an attitude that the cheapest is the best and another is a general inclination to "go over on" the other guy.
This results in a lot of very poor quality manufacturing being done over there.
There is a good book, "Poorly Made in China" that talks about these phenomena. I commend it to all who are interested.