Apple and TC chose short-term gains by taking advantage of the cheap labor in China rather than moving and investing elsewhere.
Apple is trying to move elsewhere now, but if TC was the supply chain wizard that people pretend he is, Apple would have done this a long time ago, and the supply chain nightmare would just be a speed bump for them.
You are right, but the hit has been especially hard on the tech sector due to their reliance on cheap labor in China. Apple has pretty much been the poster child for the consequences of the over-reliance on China.