The difference is, that’s assuming there is an industry left to protect.
For example, if you need to put 100% tariff on Chinese EVs just so Tesla and other companies can compete, things must look pretty dire.
I’m doubting American “entrepreneurs” resolve to invest back into their own country than just cut jobs and wait Trump out.
Not to mention, I doubt most Americans would be okay to persevere 10-15 years to “reshore” those outsourced industries.