Comment by sdenton4

* Targeted tariffs and blanket tariffs are different beasts.

* In order for capitalism to undercut the tariffs, the tariffs need to be high enough to offset the costs of setting up the local industry and the higher costs of US labor (which, in turn, are pushed higher by blanket tariffs).

* The tariffs also have to be credibly long-term. If you start building and the tariffs are cancelled, you're screwed. The Trump tariffs don't have this credibility - they're toxic enough that they'll be gone as soon as Trump is, even if it's another Republican in the White House in 2028.