We shouldn't wait for the "invisible hand" of the "free market" to MAYBE motivate local capital to build factories. It can take decades to restore our manufacturing base if we rely on "market forces" to MAYBE do it at some point. We need our government to not just protect local manufacturing with tariffs, but incentivize and subsidize a new era of industrialization.
However, the outcome of that won't necessarily be more good jobs, because, in our modern age, we have advanced, intelligent automation (autonomous machines/robots), AGI..etc, so we would be building factories that may require ten times less human labor than before (than back in the 1950s, or even recently in the 80s and 90s when more human labor was needed). Nonetheless, the nation will still benefit from local, automated production, allowing us to be self-sufficient, and free of relying on China and other countries for those vital consumer goods. We need to be able to produce all of those products here in America.
The US government is going to have to get involved in facilitating this new era of American, automated production.