The tariffs are seen as "free money" that will allow for cutting taxes on the wealthy. Note that the current messaging is "we spend too much money" and there's nothing about "we need to invest in _foo_"
Advanced chip fabs, and battery manufacturers are the first counterexamples that come to mind. The government doesn't need to invest, they just need to watch the free market realign their manufacturing to maintain access to the US economy. Tariffs have been around since Trumps first term, and were retained by Biden, and they're already doing what they intended.