In much of the world, the tariff uncertainty will force small/medium manufacturing companies out of business.
Many failing businesses will try to recover as much money as they can by selling their factory equipment to pay off debts. If we do nothing, the hardware and market share will simply flow from the (for example) Chinese middle class to the Chinese upper class.
If we make sure the USA is the best place to sell factory hardware while the broader trade war goes on, our own small and medium businesses will be able to onshore that production capacity instead.