This article from INET, Industrial Policy Is a Good Idea, but So Far We Don’t Have One, is worth rememebering,

Does the whole amount to an industrial policy, creating new American competitiveness on the world stage? This seems quite far from the case.

And will all the sound and fury make a difference to voters in 2024? That too remains to be seen. But if so, it will be due mainly to effective marketing of the narrative, and not much to actual achievement of the stated goals.