Please post an example of a company the was "going under" and moving to Mexico saved them. Just one.
Big Caps are moving to Mexico to save 3-5% on labor and pocketing the difference. When they were in the USA the made gobs of money, now they make EVEN more. The tax payer is on the hook for the damage caused.
I’d venture a guess at Swingline. They used to produce high quality staplers in the US. Now they produce crap in Mexico, but they’re still in business. Just don’t ask me to buy one of their aluminum-framed aggravation machines. They don’t need any punitive tar if to keep them out of American offices. There are other markets besides the US, and for any country that relocated to Mexico, or is contemplating it, they have to factor in the costs versus the benefits, including the Trump tariff and market share in other countries. I think the Trump tariff is a good idea, but not a cure-all.