They literally can’t. The US has only 1(!) rare earth refinery for instance. And only 3 copper smelters. China isn’t just cheaper, and that advantage is going away as well anyway, but it also developed enormous amounts of capabilities and expertise in the last 20 years that no once can match.
And even if that’s the goal, slapping giant tariffs across the board is not going to help. Some of these industries take years if not decades to develop, specifically educated staff and billions of dollars worth of investments.
They literally can’t. The US has only 1(!) rare earth refinery for instance. And only 3 copper smelters. China isn’t just cheaper, and that advantage is going away as well anyway, but it also developed enormous amounts of capabilities and expertise in the last 20 years that no once can match.
And even if that’s the goal, slapping giant tariffs across the board is not going to help. Some of these industries take years if not decades to develop, specifically educated staff and billions of dollars worth of investments.