>Chinese competition simply won't be allowed. Easy as that.

Then the domestic industry will just rot from inside. It is usually a worse outcome than if the domestic industry were competing in the open market.

Tariffs and other protectionist measures result in the low quality high priced product of the protected industry being sellable only in the domestic market. Where is China is going to sell to the rest of the world. 340M vs. almost 8B of addressable market. It is a writing on the wall.