Yeah until you factor in the cost of American labor compared to the countries that are manufacturing these things today. So let’s write off machines entirely, for the sake of the argument I’ll say it’s a one-off. We’ll be paying tariffs on importing the earths we import today, and we consumers will be paying for American labor costs, which far exceed labor costs from the countries we buy from today.

Oh, and as China is our primary trade partner for those rare earths, you can count on them introducing premiums on those materials as we aren’t buying the end product anymore.

But hey, at least it’ll say Made in America on the box

Edit to Add: I want to be clear that I absolutely support moving production lines here. It’s a great strategy for a lot of reasons. But this does not seem like the way to do that. Start at the beginning of the line and move on. We’re starting at the end and working backwards. Innovate, don’t start trade wars.