If the high tarriff environment sticks around, including reciprocal tarriffs, the issue is either you produce in the US and have good access to the US and poor access everywhere else, or you produce outside the US and have poor access to the US, and good access to much of everywhere else (depending on things).

The US is a big and important market, and for some things, it would be better to forgo competitiveness in the rest of world market; but for others, rest of world adds up to be more important.