Last channel locks I bought were Channel Locks. Found a price I could live with while traveling in upstate NY, in all places, a grocery store. I will pay a little extra, selectively, for particular items. AND, for the same product performance (or preferably better), I would like to support a true local manufacturer.
As a Canadian, I have shopped, and will continue to do so at HF. Great prices, and a better selection than our Princess Auto here. Product quality at HF has improved in some areas, and I now see they have upped their tool warranties - hard to argue with that, unless you are a pro 12+ hours a day tradesman.
Concerning tools, as a contractor I know puts it (including big expensive stuff) "The guys that work for me, what they don't steal, they break or lose". Even if you have the money, that is quite a dis-incentive to buy high-end stuff.
Depending on who is around your neighbourhood, us "honey-do" guys may have the same issues.....
Many companies have off-shored their production long ago, and continued to play the shell game of obscuring where they are made. Taking the profits, laughing all the way to the bank.
I've noticed many times what Soundguy describes - one Chinese factory will typically supply most of the N. American market, with box and label switches only.
As more consumers perform proper Due Diligence on this game, many more will refuse to pay premiums for a nicer cardboard box.
Rgds, D.