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That's a ridiculous take, the only sector where the US is dominant is tech, outside of that there's really not that many brands.
Afterglow of the time when the US was the world's top manufacturer. Today, 121 US companies are in the Fortune Global 500. That means 379 NON-US companies are in the Fortune Global 500.

China has more companies (124) in the Fortune Global 500 than the US (121). The US only has 2 companies in the Top Ten.

https://qlik.fortune.com/global500/