I believe the Made in USA Labeling Act passed 2021 would prevent following the Moto X approach of just final assembly, but I suppose it's up to trump's FTC to make the final call regardless, easy enough for them to issue an exception.

Specifically:

it is an unfair or deceptive act or practice within the meaning to label any product as Made in the United States unless the final assembly or processing of the product occurs in the United States, all significant processing that goes into the product occurs in the United States, and all or virtually all ingredients or components of the product are made and sourced in the United States.