> Strategically, US has to bring manufacturing (and as much of a supply chains) back, there is no way around it.

Strategically, it needed to keep manufacturing. It is too late now. Its labor and capital is already fully deployed towards innovation. Innovation that is now realizing that it is being stifled without a local manufacturing base, granted, but at this point pulling labor and capital away from innovation in order to build a manufacturing base again will only stifle it further as the rest of the world, which is quickly closing the innovation gap, keeps moving forward.

The US cannot afford to see that happen. So, in order to save face, what the tariffs will end up doing is open the doors for foreign capital and labor to flood into the US instead. While that will put factories in eye's view, it does not "bring back manufacturing" or resolve the strategic need. It merely lets what was strategically trying to be defended against inside the house, which is an even worse position.