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I think the idea is that if it's more expensive to buy things from other countries, then we will buy more American goods, which will help American business owners, and increased demand will create more American factories and jobs.
Of course, if we can't afford American products now, we're just losing the only option we can afford, so instead of buying more American stuff, we just buy less of everything. Those companies won't start building US factories without a increase in sales, so they'll just start cutting corners, and firing staff to reduce their costs.
That crowd runs on "common sense" which means, if it sounds good without thinking about any of the details, then there's no reason to stop it.
Interesting thought - and consistent with the way he usually fails to consider the consequences of his actions (unless they apply directly to his interests).