America underestimates the difficulty of bringing manufacturing back

Missing reason #15: commercial lenders with a brain realize that these tariffs and this self-imposed domestic crisis will dissipate in the next ~6 years. Nobody's going to lend in this market to try to spin up a new greenfield project in the US that will take years to get operational when they can sit and ride it out - ESPECIALLY at these interest rates.

I'm not so sure.

The tariffs most certainly will dissipate but we can't discount the chance that they may be replaced with actual written in law voted on by congress and signed by the president taxes that have similar but much more durable effects.

Manufacturing and heavy industry really hates off-shoring. They only do it because the sum total of other policy makes it the only viable option. I can see them taking a decent haircut in pursuit of some longer term goal.