This is assuming America is even capable of producing what it needs to generate jobs or investment. There’s no point in taxing coffee from Africa; America doesn’t produce competing coffee! There’s no point in tariffing specialized electronics from China that Apple needs; US literally doesn’t have the capacity to produce these and the investment to do so will be inefficient as American labor is better put to service and knowledge sector work to produce more Apple product designs (just one example).

This is just going to make the American economy more inefficient, less able to compete internationally, and devalue American interests globally, which means America will have less clout to privilege their citizens with.