In my opinion there are some positive effects but overall it's really bad.
As you can see in the link in the sibling comment, the overhead of employing people in Brazil is quite big. Besides, there's also additional overhead due to a myriad of non-labour-related taxes, and living cost and the minimum wage are significantly higher than in China and SE Asia.
So while we do have a large industrial base, it's not like we have factories for every kind of product just because of protectionist tariffs.
That results in the curious situation of having to pay (say) U$1000 in Brazil for some Chinese-made product that can be had for U$500 in the US.
As you can see in the link in the sibling comment, the overhead of employing people in Brazil is quite big. Besides, there's also additional overhead due to a myriad of non-labour-related taxes, and living cost and the minimum wage are significantly higher than in China and SE Asia.
So while we do have a large industrial base, it's not like we have factories for every kind of product just because of protectionist tariffs.
That results in the curious situation of having to pay (say) U$1000 in Brazil for some Chinese-made product that can be had for U$500 in the US.