Argument for tariffs: Make foreign made goods expensive to encourage local production. And it has worked. Usually tariffs are more focused though. For example, the US has had tariffs on trucks for a long time; as a result, most foreign automakers have US plants to build trucks/SUVs.

The main problem with the tariffs is this: the US has benefited mightily from globalism. What actually happened is that the US, being at the cutting edge of technology, outsourced mostly low paying jobs, while developing more innovative/productive industries and sold goods all across the world.

Apple's a prime example. All the difficult (read physical) and low-paying aspects of production are outsourced to Taiwan and China, meanwhile Apple employs tens of thousands of high paid engineers in the US. Ditto for all the big tech companies.

Now, globalism has negatively affected a certain segment of the population and it was definitely a mistake to ignore that (rust belt great example). But bringing manufacturing back won't fix that now that the cat's out of the bag. Engaging in a trade war will destroy a ton of high paying jobs (every multinational is going to take a sizeable revenue cut) just to bring back a small amount of low paying jobs, if any are brought back... Firms will likely build highly automated US factories.

The best possible version of this policy would be focused tariffs on specific goods you want manufactured in the US... Semiconductors, autos, steel, boats, that sort of thing.