Pick any random consumer product you've seen that was made in China. I can guarantee you that no manufacturer would ever consider laying out the capital to build a facility here in the U.S. that produces those things. Financially, it makes no sense to build such a plant unless the manufacturer has a high degree of certainty that one of the following two conditions will be met:
1. Americans will buy -- annually -- the 2 million units of the product that the plant is capable of producing.
2. Americans will buy 500,000 units of the product every year for four times the price of the product that you see on the shelf.
And on top of all that, keep in mind that the manufacturer will never build the plant unless they can maintain those market conditions for the 30-40 years that the plant will be in service.
It simply isn't going to happen without some serious intervention in the marketplace by government -- which adds a whole other side to this story that Americans shouldn't be looking for.
We need a fixed long term 20% tariff.